Several other equities research analysts also recently weighed in on the stock. Royal Bank of Canada raised their target price on shares of Interfor from C$20.00 to C$21.00 in a research note on Monday, February 11th. Raymond James restated a strong-buy rating and issued a C$24.00 target price on shares of Interfor in a research note on Friday, February 8th. CIBC lowered their target price on shares of Interfor from C$21.00 to C$20.00 in a research note on Monday, January 14th. Finally, TD Securities lowered their target price on shares of Interfor from C$27.00 to C$24.00 and set an average rating for the company in a research note on Monday, November 12th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Interfor presently has a consensus rating of Buy and a consensus price target of C$22.83.
Shares of IFP stock opened at C$15.92 on Tuesday. The company has a market cap of $1.07 billion and a P/E ratio of 9.95. The company has a debt-to-equity ratio of 28.01, a quick ratio of 1.78 and a current ratio of 3.12. Interfor has a 52-week low of C$13.26 and a 52-week high of C$27.27.
Interfor (TSE:IFP) last announced its earnings results on Thursday, February 7th. The company reported C($0.29) earnings per share for the quarter. The business had revenue of C$468.54 million for the quarter. Sell-side analysts anticipate that Interfor will post 1.23000006846919 earnings per share for the current fiscal year.
Interfor Company Profile
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers wooden products for appearance timbers, decking, fascia and trims, framings, furniture, industrial packaging, Japan zairai, millworks, paneling, sidings, trusses, and windows and doors.
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