Interfor Corp (IFP) Price Target Raised to C$18.00

Interfor Corp (TSE:IFP) had its price target boosted by CIBC from C$17.00 to C$18.00 in a research note released on Thursday.

Other analysts also recently issued research reports about the stock. Scotiabank upped their price target on shares of Interfor Corp from C$18.75 to C$20.00 and gave the company an outperform rating in a research report on Friday, February 10th. Royal Bank Of Canada reiterated an outperform rating on shares of Interfor Corp in a research report on Friday, February 10th. National Bank Financial downgraded shares of Interfor Corp from an outperform overweight rating to a sector perform overweight rating in a research report on Sunday, November 6th. RBC Capital Markets upped their price target on shares of Interfor Corp from C$18.00 to C$20.00 in a research report on Monday. Finally, TD Securities reiterated a buy rating and issued a C$18.00 price target on shares of Interfor Corp in a research report on Monday, November 7th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of C$18.75.

Interfor Corp (TSE:IFP) traded down 0.06% during mid-day trading on Thursday, reaching $18.04. 251,008 shares of the company traded hands. Interfor Corp has a 52 week low of $9.51 and a 52 week high of $18.14. The firm has a market capitalization of $1.26 billion and a price-to-earnings ratio of 19.25. The stock’s 50 day moving average price is $14.71 and its 200 day moving average price is $14.84.

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Interfor Corp Company Profile

Interfor Corporation, formerly International Forest Products Limited, is a Canada-based supplier of lumber products. The Company operates through solid wood segment. The Company offers lumber products to customers in North America, the Asia-Pacific region and Europe. The Company operates approximately five sawmills in British Columbia.

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