Interfor Corp Can’t Burn Your Long Portfolio. Has Another Strong Session

 Interfor Corp Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of Interfor Corp (TSE:IFP) is a huge mover today! About 17,026 shares traded hands. Interfor Corp (TSE:IFP) has risen 1.89% since March 30, 2016 and is uptrending. It has outperformed by 0.68% the S&P500.
The move comes after 9 months positive chart setup for the $1.02B company. It was reported on Nov, 3 by Barchart.com. We have $21.66 PT which if reached, will make TSE:IFP worth $459.00M more.

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. $23 is the highest target while $16 is the lowest. The $16.60 average target is 11.11% above today’s ($14.94) stock price. Interfor has been the topic of 8 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the stock with “Outperform” rating in Friday, July 29 report. TD Securities maintained the shares of IFP in a report on Tuesday, August 4 with “Action List Buy” rating. Raymond James maintained the shares of IFP in a report on Thursday, September 3 with “Strong Buy” rating. The rating was upgraded by BMO Capital Markets to “Outperform” on Friday, January 22. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, October 21.

More recent Interfor Corp (TSE:IFP) news were published by: Theglobeandmail.com which released: “Bullish on Interfor Corp.” on October 14, 2016. Also Business.Financialpost.com published the news titled: “Interfor enjoys benefits of letting market digest news” on January 08, 2015. Business.Financialpost.com‘s news article titled: “Western Forest Products and Interfor downgraded as lumber dispute looms” with publication date: October 12, 2016 was also an interesting one.

Interfor Corporation, formerly International Forest Products Limited, is a Canada supplier of lumber products. The company has a market cap of $1.02 billion. The Firm operates through solid wood segment. It has a 72.86 P/E ratio. The Firm offers lumber products to clients in North America, the Asia-Pacific region and Europe.

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