BMO Capital Markets Reaffirms “Outperform” Rating for Interfor (IFP)

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BMO Capital Markets restated their outperform rating on shares of Interfor (TSE:IFP) in a research report sent to investors on Tuesday morning. The brokerage currently has a C$18.00 target price on the stock.

A number of other analysts also recently issued reports on IFP. TD Securities dropped 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 report on Monday, November 12th. Royal Bank of Canada dropped their target price on shares of Interfor from C$27.00 to C$25.00 and set an outperform rating for the company in a research report on Monday, November 12th. CIBC lowered their price objective on shares of Interfor from C$23.00 to C$21.00 in a research report on Tuesday, November 13th. Finally, Raymond James reaffirmed a strong-buy rating and issued a C$28.00 price objective on shares of Interfor in a research report on Wednesday, December 12th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of C$22.83.

IFP opened at C$15.90 on Tuesday. The company has a market cap of $1.14 billion and a P/E ratio of 9.94. Interfor has a 1 year low of C$13.26 and a 1 year high of C$27.27. The company has a debt-to-equity ratio of 28.01, a current ratio of 3.12 and a quick ratio of 1.78.

Interfor (TSE:IFP) last posted its earnings results on Thursday, February 7th. The company reported C($0.29) earnings per share (EPS) for the quarter. The company had revenue of C$468.54 million for the quarter. On average, analysts expect that Interfor will post 1.23000006846919 earnings per share 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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