Are Analysts Bullish about Interfor Corporation (TSE:IFP) after last week?

March 14, 2018 - By Darrin Black

 Are Analysts Bullish about Interfor Corporation (TSE:IFP) after last week?

Interfor Corporation (TSE:IFP) Ratings Coverage

Among 6 analysts covering Interfor (TSE:IFP), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Interfor had 19 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Outperform” rating by IBC on Monday, June 5. As per Wednesday, October 21, the company rating was downgraded by RBC Capital Markets. As per Thursday, January 5, the company rating was downgraded by TD Securities. Scotia Capital maintained it with “Outperform” rating and $16.50 target in Friday, July 29 report. BMO Capital Markets upgraded the shares of IFP in report on Friday, January 22 to “Outperform” rating. The rating was maintained by TD Securities on Tuesday, August 4 with “Action List Buy”. On Friday, February 10 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Outperform” rating given on Friday, November 4 by Scotia Capital. The stock has “Strong Buy” rating by Raymond James on Thursday, September 3. Below is a list of Interfor Corporation (TSE:IFP) latest ratings and price target changes.

20/10/2017 Broker: IBC Rating: Old Target: $23.00 New Target: $25.00 Target Up

The stock decreased 0.68% or $0.16 during the last trading session, reaching $23.48. About 412,112 shares traded or 47.59% up from the average. Interfor Corporation (TSE:IFP) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Interfor Corporation, together with its subsidiaries, produces wood products. The company has market cap of $1.64 billion. It offers commodity structural lumber products; and specialty products, such as exterior decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. It has a 16.93 P/E ratio. The firm is also involved in the purchase and sale of logs that are unsuitable for cutting or in excess of its manufacturing requirements.

Another recent and important Interfor Corporation (TSE:IFP) news was published by which published an article titled: “Interfor Reports Q4’17 Results” on February 08, 2018.

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