Interfor (OTCMKTS:IFSPF) had its price target increased by Scotiabank from $12.00 to $16.00 in a research note issued to investors on Thursday, The Fly reports. They currently have an outperform rating on the stock.
Other equities analysts also recently issued reports about the company. CIBC boosted their price objective on Interfor from $13.00 to $21.00 and gave the stock an outperform rating in a research report on Monday, July 6th. Royal Bank of Canada reiterated a buy rating and set a $14.00 price objective on shares of Interfor in a research report on Thursday, June 11th. Finally, TD Securities boosted their price objective on Interfor from $10.50 to $12.00 and gave the stock a buy rating in a research report on Monday, May 11th. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of $16.40.
Shares of OTCMKTS IFSPF opened at $9.79 on Thursday. The stock has a 50 day simple moving average of $7.72 and a 200-day simple moving average of $8.08. Interfor has a 12-month low of $3.41 and a 12-month high of $12.28.
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. The company 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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