Interfor (TSE:IFP) Price Target Lowered to C$27.00 at BMO Capital Markets

Interfor (TSE:IFP) had its price objective cut by BMO Capital Markets from C$29.00 to C$27.00 in a report published on Wednesday, BayStreet.CA reports.

IFP has been the subject of a number of other reports. CIBC reduced their target price on shares of Interfor from C$25.00 to C$24.00 in a research report on Thursday, April 11th. Raymond James downgraded shares of Interfor from a strong-buy rating to an outperform rating in a research report on Wednesday, April 3rd. Scotiabank set a C$29.00 price target on shares of Interfor and gave the company a sector perform rating in a research note on Monday, January 22nd. Finally, TD Securities upgraded shares of Interfor from a hold rating to a buy rating and dropped their price target for the company from C$27.00 to C$25.00 in a research note on Monday, February 12th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of C$27.50.

Interfor Stock Up 0.2 %

Interfor stock opened at C$17.93 on Wednesday. Interfor has a twelve month low of C$16.78 and a twelve month high of C$26.31. The firm has a 50 day moving average price of C$20.00 and a 200-day moving average price of C$20.54. The company has a market capitalization of C$922.50 million, a P/E ratio of -3.45 and a beta of 2.61. The company has a quick ratio of 1.15, a current ratio of 2.00 and a debt-to-equity ratio of 54.21.

Interfor (TSE:IFP) last released its earnings results on Thursday, February 8th. The company reported C($3.29) earnings per share for the quarter, missing analysts’ consensus estimates of C($1.65) by C($1.64). Interfor had a negative net margin of 8.05% and a negative return on equity of 14.20%. The company had revenue of C$785.90 million for the quarter. As a group, equities analysts predict that Interfor will post 2.8616667 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 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.