Raymond James Brokers Raise Earnings Estimates for Interfor Co. (TSE:IFP)

Interfor Co. (TSE:IFPGet Rating) – Investment analysts at Raymond James boosted their Q3 2022 EPS estimates for Interfor in a report issued on Thursday, May 12th. Raymond James analyst D. Swetlishoff now expects that the company will earn $2.79 per share for the quarter, up from their prior forecast of $2.52. Raymond James has a “Strong-Buy” rating and a $60.00 price objective on the stock. Raymond James also issued estimates for Interfor’s Q4 2022 earnings at $2.63 EPS and FY2022 earnings at $16.68 EPS.

A number of other analysts also recently commented on IFP. Royal Bank of Canada dropped their target price on shares of Interfor from C$50.00 to C$45.00 in a report on Thursday, April 7th. CIBC dropped their target price on shares of Interfor from C$48.00 to C$42.00 in a report on Thursday, April 21st. Finally, BMO Capital Markets boosted their target price on shares of Interfor from C$37.00 to C$45.00 in a report on Tuesday, January 25th.

IFP stock opened at C$33.20 on Monday. Interfor has a 52 week low of C$23.30 and a 52 week high of C$44.56. The company has a market capitalization of C$1.82 billion and a price-to-earnings ratio of 2.59. The firm’s 50-day moving average is C$36.24 and its two-hundred day moving average is C$36.12. The company has a current ratio of 3.00, a quick ratio of 2.17 and a debt-to-equity ratio of 25.35.

Interfor Company Profile (Get Rating)

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. The company offers lumber products for decking, fascia and trims, framings, furniture, industrial packaging, Japan Zairai, millworks, paneling, sidings, trusses, and windows and doors.

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