Interfor (TSE:IFP – Free Report) had its target price lowered by Scotiabank from C$26.00 to C$24.00 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock. Scotiabank also issued estimates for Interfor’s FY2025 earnings at $1.53 EPS.
Other equities analysts have also issued research reports about the company. Raymond James increased their target price on Interfor from C$26.00 to C$30.00 and gave the stock an outperform rating in a research note on Tuesday, July 23rd. TD Securities decreased their target price on Interfor from C$24.00 to C$20.00 in a research note on Tuesday, July 23rd. Royal Bank of Canada decreased their target price on Interfor from C$27.00 to C$24.00 in a research note on Thursday, July 11th. CIBC downgraded Interfor from an outperform rating to a neutral rating and cut their price target for the stock from C$22.00 to C$18.00 in a report on Thursday, July 18th. Finally, BMO Capital Markets cut their price target on Interfor from C$27.00 to C$24.00 and set a strong-buy rating on the stock in a report on Tuesday, July 23rd. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of C$23.50.
View Our Latest Analysis on Interfor
Interfor Price Performance
Insider Activity
In other Interfor news, Director Ian Fillinger acquired 3,100 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were acquired at an average price of C$16.30 per share, for a total transaction of C$50,530.00. Company insiders own 0.97% of the company’s stock.
Interfor Company Profile
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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