In a report released today, Hamir Patel from CIBC maintained a Buy rating on Interfor Corporation (IFSPF), with a price target of C$15.00. The company’s shares closed last Monday at $10.80.
According to TipRanks.com, Patel is a 4-star analyst with an average return of 5.1% and a 44.3% success rate. Patel covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co Ltd, Stella-Jones Inc, and Cascades Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Interfor Corporation with a $13.03 average price target.
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The company has a one-year high of $13.74 and a one-year low of $8.48. Currently, Interfor Corporation has an average volume of 358.
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Interfor Corp. engages in the manufacture of wood products. It harvests and purchases logs which are sorted by species, size, and quality. Its products include appearance timbers, decking, framing, furniture, industial packaging, paneling, windows, and doors. The company was founded on May 6, 1963 and is headquartered in Vancouver, Canada.
