Interfor (TSE:IFP – Free Report) had its price objective decreased by BMO Capital Markets from C$27.00 to C$24.00 in a research note published on Tuesday, Marketbeat Ratings reports. BMO Capital Markets currently has a strong-buy rating on the stock.
Other equities research analysts have also issued reports about the stock. Royal Bank of Canada dropped their price objective on shares of Interfor from C$27.00 to C$24.00 in a report on Thursday, July 11th. CIBC downgraded shares of Interfor from an outperform rating to a neutral rating and decreased their target price for the company from C$22.00 to C$18.00 in a research report on Thursday, July 18th. Cibc World Mkts downgraded shares of Interfor from a strong-buy rating to a hold rating in a research report on Thursday, July 18th. Raymond James downgraded shares of Interfor from a strong-buy rating to an outperform rating in a research report on Wednesday, April 3rd. Finally, TD Securities lowered their target price on shares of Interfor from C$25.00 to C$24.00 and set a buy rating on the stock in a research note on Tuesday, May 14th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of C$23.67.
Read Our Latest Stock Report on Interfor
Interfor Stock Up 2.7 %
Interfor (TSE:IFP – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The company reported C($1.42) earnings per share (EPS) for the quarter. The business had revenue of C$813.20 million for the quarter. Interfor had a negative net margin of 9.05% and a negative return on equity of 16.24%. Research analysts anticipate that Interfor will post 2.8616667 earnings per share for the current year.
Insider Buying and Selling at Interfor
In other Interfor news, Director Ian Fillinger purchased 5,510 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was bought at an average price of C$18.16 per share, with a total value of C$100,037.91. 0.97% of the stock is currently owned by corporate insiders.
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 decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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