Interfor (TSE:IFP) had its price target lowered by BMO Capital Markets from C$24.00 to C$18.00 in a report published on Friday, October 19th.
IFP has been the topic of a number of other research reports. CIBC dropped their price objective on shares of Interfor from C$26.00 to C$23.00 in a research note on Monday, October 15th. TD Securities raised shares of Interfor from a buy rating to an action list buy rating and set a C$31.00 price objective on the stock in a research note on Tuesday, August 7th.
TSE:IFP traded down C$0.83 during midday trading on Friday, hitting C$17.12. The company’s stock had a trading volume of 856,565 shares, compared to its average volume of 376,509. Interfor has a fifty-two week low of C$13.82 and a fifty-two week high of C$27.27.
Interfor (TSE:IFP) last issued its quarterly earnings data on Thursday, August 2nd. The company reported C$0.98 EPS for the quarter. The firm had revenue of C$619.89 million for the quarter.
In other news, insider Ian Fillinger acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, September 25th. The shares were acquired at an average price of C$18.91 per share, with a total value of C$47,275.00. Also, insider Barton Bender acquired 3,200 shares of the company’s stock in a transaction dated Wednesday, August 8th. The shares were purchased at an average cost of C$20.45 per share, for a total transaction of C$65,440.00.
Interfor Corporation, together with its subsidiaries, produces wood products. The company offers commodity structural lumber products; and specialty products, such as decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. It also provides wood chips and other residuals.
Further Reading: Reverse Stock Split