Interfor Co. (TSE:IFP) Receives Consensus Rating of “Moderate Buy” from Analysts

Interfor Co. (TSE:IFP) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$13.50.

A number of equities analysts have recently commented on IFP shares. Raymond James Financial boosted their price target on Interfor from C$13.00 to C$17.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. TD raised their price objective on Interfor from C$14.00 to C$16.00 and gave the company a “hold” rating in a research note on Monday, August 10th.

Interfor Stock Down 0.6%

TSE IFP opened at C$14.08 on Friday. The business has a fifty day moving average price of C$13.57 and a two-hundred day moving average price of C$11.37. The stock has a market capitalization of C$926.00 million, a PE ratio of -2.09 and a beta of 1.75. Interfor has a fifty-two week low of C$7.05 and a fifty-two week high of C$15.28. The company has a debt-to-equity ratio of 71.48, a current ratio of 1.96 and a quick ratio of 1.15.

About Interfor

Interfor is a forest products company with operations in Canada and the United States. The Company has annual lumber production capacity of approximately 4.4 billion board feet and offers a diverse line of lumber products to customers around the world.