Interfor (IFP) Received New C$18.00 Target Price at BMO Capital Markets

Interfor (IFP) Received New C$18.00 Target Price at BMO Capital Markets

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.

About Interfor

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.

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