The stock of Interfor Corp (TSE:IFP) is a huge mover today! About 43,571 shares traded hands. Interfor Corp (TSE:IFP) has risen 16.61% since March 14, 2016 and is uptrending. It has outperformed by 11.07% the S&P500.
The move comes after 9 months negative chart setup for the $1.01B company. It was reported on Oct, 19 by Barchart.com. We have $13.50 PT which if reached, will make TSE:IFP worth $60.60M less.
Interfor Corp (TSE:IFP) Ratings Coverage
Out of 5 analysts covering Interfor (TSE:IFP), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Interfor has been the topic of 8 analyst reports since August 4, 2015 according to StockzIntelligence Inc. TD Securities maintained the stock with “Action List Buy” rating in Tuesday, August 4 report. The stock has “Outperform” rating given by BMO Capital Markets on Friday, January 22. Raymond James maintained Interfor Corp (TSE:IFP) on Thursday, September 3 with “Strong Buy” rating. Scotia Capital maintained the stock with “Outperform” rating in Friday, July 29 report. The firm earned “Outperform” rating on Wednesday, October 21 by RBC Capital Markets.
Another recent and important Interfor Corp (TSE:IFP) news was published by Theglobeandmail.com which published an article titled: “Bullish on Interfor Corp.” on October 14, 2016.
Interfor Corporation, formerly International Forest Products Limited, is a Canada supplier of lumber products. The company has a market cap of $1.01 billion. The Firm operates through solid wood segment. It has a 70.03 P/E ratio. The Firm offers lumber products to clients in North America, the Asia-Pacific region and Europe.
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