Interfor (OTCMKTS:IFSPF) Shares Up 1.6% – Time to Buy?

Shares of Interfor Co. (OTCMKTS:IFSPFGet Free Report) rose 1.6% during mid-day trading on Thursday . The company traded as high as $7.73 and last traded at $7.6865. Approximately 3,631 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 30,033 shares. The stock had previously closed at $7.5620.

Wall Street Analyst Weigh In

IFSPF has been the topic of a number of recent research reports. TD Securities reiterated a “hold” rating on shares of Interfor in a research note on Tuesday, May 19th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Interfor in a research note on Tuesday, February 17th. Raymond James Financial cut Interfor from a “strong-buy” rating to an “outperform” rating in a research note on Thursday, April 23rd. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Interfor in a research note on Tuesday, May 19th. Finally, Scotiabank reiterated an “outperform” rating on shares of Interfor in a research note on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on Interfor

Interfor Stock Up 1.6%

The business has a 50 day simple moving average of $7.09 and a 200-day simple moving average of $6.84.

Interfor Company Profile

(Get Free Report)

Interfor Corporation is a leading global manufacturer of wood products, headquartered in Vancouver, British Columbia. The company operates a network of sawmills across Canada and the United States, producing a wide range of softwood lumber items for residential, commercial and industrial construction. Interfor’s product portfolio includes dimension lumber, timbers, boards and specialty wood products designed to meet the needs of building material distributors, home center retail channels and industrial end-users.

Interfor’s operations span premier timber-growing regions in British Columbia, Alberta, Washington State and Oregon.

Further Reading

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