TD Securities disclosed Interfor Corp (TSE:IFP), boosting its stock price target to $18.00 earlier today
- Updated: September 18, 2016
TD Securities bumped the target price of Interfor Corp (TSE:IFP) to $18, indicating a possible upside of 0.18%.
Previously on Friday July 29 2016, Scotia Capital released a statement about Interfor Corp(TSE:IFP) upped the target price from $0.00 to $16.50 that indicated a possible upside of 0.14%.
Yesterday Interfor Corp (TSE:IFP) traded 0.90% higher at $15.19. Interfor Corp’s 50-day average is $15.07 and its two hundred day moving average is $12.98. The last close is up 12.11% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the date range. Volume of trade was was down over the average, with 230,450 shares of IFP changing hands under the typical 310,608 shares..
See Graphic Below:
With a market capitalization of $0.0, Interfor Corp has a one-year low of $8.67 and a 52 week high of $15.99 with a P/E ratio of 71.
Also covering Interfor Corp’s stock price target, a total of 8 brokers have reported on the company. The 12-month target price is $12.79 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and finally 0 brokeragesrating the company as sell.
Brief Synopsis About Interfor Corp (TSE:IFP)
Interfor Corporation, formerly International Forest Products Limited, is a Canada-based supplier of lumber products. The Company operates through solid wood segment. The Company offers lumber products to customers in North America, the Asia-Pacific region and Europe. The Company operates approximately five sawmills in British Columbia. Its United States operations consist of approximately two sawmills and a remanufacturing plant in Washington, approximately two sawmills in Oregon, approximately one sawmill in South Carolina, a sawmill in Arkansas, and approximately seven sawmills and a remanufacturing plant in Georgia. Its products range from commodity structural lumber and specialty products, such as exterior decking and siding, machine stress rated products, and industrial timbers and a range of appearance grade items. Its sawmills produce wood chips and other residuals. Its Gilchrist sawmill processes lodge pole and ponderosa pine to produce a range of industrial lumber products.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.