Analysts Set Interfor Corp (IFP) Target Price at $21.83

Shares of Interfor Corp (TSE:IFP) have been given a consensus rating of “Buy” by the six analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is C$21.83.

A number of equities analysts have weighed in on IFP shares. BMO Capital Markets reiterated an “outperform” rating and issued a C$18.00 price target on shares of Interfor in a research report on Tuesday, March 12th. Raymond James reiterated a “strong-buy” rating and issued a C$28.00 price target on shares of Interfor in a research report on Wednesday, December 12th. Royal Bank of Canada dropped their price target on shares of Interfor from C$25.00 to C$20.00 in a research report on Tuesday, January 8th. CIBC dropped their price target on shares of Interfor from C$21.00 to C$20.00 in a research report on Monday, January 14th. Finally, TD Securities dropped their price target on shares of Interfor from C$22.00 to C$21.00 in a research report on Monday, March 25th.

Shares of TSE IFP opened at C$16.19 on Friday. The company has a debt-to-equity ratio of 28.01, a current ratio of 3.12 and a quick ratio of 1.78. The company has a market cap of $1.10 billion and a P/E ratio of 10.12. Interfor has a 12-month low of C$13.26 and a 12-month high of C$27.27.

Interfor (TSE:IFP) last posted its quarterly 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. Equities research analysts anticipate that Interfor will post 1.22999994059034 EPS for the current year.

About Interfor

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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Analyst Recommendations for Interfor (TSE:IFP)

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