Hamir Patel, analyst at CIBC, reiterates coverage on Interfor Corporation (IFSPF) in the Basic Materials sector with a Buy rating. TipRanks.com has Patel rated as a 5 star analyst with a 33.00% return on investment and a 65.00% success rate. Patel has set a price target of $44.70.
TipRanks.com reports that IFSPF currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $40.70. The target pricing ranges from a high forecast of $49.66 down to a low forecast of $33.94.
IFSPF’s last closing price was $26.39 which would put the average price target at 54.23% upside.
In addition, TradingView issued a No Analysis rating for IFSPF over the next month.
Remember, securities are volatile, so please do your own research on IFSPF.
Other analysts covering IFSPF include:
- Sean Steuart of TD Securities issued a buy rate with the price target of $37.2 on May 28th
- Benoit Laprade of Scotiabank issued a buy rate with the price target of $39.7 on May 28th
- Daryl Swetlishoff of Raymond James issued a buy rate with the price target of $49.7 on May 25th
If you are interest in stocks like IFSPF or stocks in the Basic Materials sector, please click here.
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