Interfor Corp (TSE:IFP) was upgraded by equities researchers at Dundee Securities from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
Several other research firms also recently commented on IFP. TD Securities lifted their target price on shares of Interfor Corp from C$16.00 to C$18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Scotiabank restated an “outperform” rating and issued a C$16.50 price target on shares of Interfor Corp in a research report on Friday, July 29th. Finally, Raymond James Financial Inc. dropped their price target on shares of Interfor Corp from C$16.50 to C$15.75 in a research report on Thursday, July 7th. Seven research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$16.46.
Interfor Corp (TSE:IFP) opened at 14.67 on Wednesday. The company has a 50-day moving average of $15.00 and a 200-day moving average of $13.17. The company has a market cap of $1.03 billion and a P/E ratio of 71.56. Interfor Corp has a 52-week low of $8.67 and a 52-week high of $15.99.
About Interfor Corp
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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