Interfor Corp (TSE:IFP) was downgraded by stock analysts at CIBC from a “sector outperform” rating to a “sector perform” rating in a report issued on Wednesday, reports.

IFP has been the subject of several other research reports. TD Securities raised their target price on shares of Interfor Corp from C$16.00 to C$18.00 and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Scotiabank reissued an “outperform” rating and set a C$16.50 target price on shares of Interfor Corp in a report on Friday, July 29th. Raymond James Financial Inc. reduced their target price on shares of Interfor Corp from C$16.50 to C$15.75 in a report on Thursday, July 7th. Finally, Dundee Securities raised shares of Interfor Corp from a “neutral” rating to a “buy” rating in a report on Wednesday, September 28th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$16.46.

Analyst Recommendations for Interfor Corp (TSE:IFP)

Shares of Interfor Corp (TSE:IFP) opened at 15.04 on Wednesday. The stock has a market capitalization of $1.05 billion and a price-to-earnings ratio of 73.37. The firm’s 50-day moving average is $14.94 and its 200-day moving average is $13.28. Interfor Corp has a 52 week low of $8.67 and a 52 week high of $15.99.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

About Interfor Corp

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.

Stock Target Prices

Receive News & Ratings for Interfor Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interfor Corp and related companies with's FREE daily email newsletter.