Interfor Co. (OTCMKTS:IFSPF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Interfor Co. (OTCMKTS:IFSPF) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

IFSPF has been the topic of a number of research reports. TD Securities reaffirmed a “hold” rating on shares of Interfor in a report on Tuesday, May 19th. Raymond James Financial lowered shares of Interfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Scotiabank reissued an “outperform” rating on shares of Interfor in a report on Monday. BMO Capital Markets restated an “outperform” rating on shares of Interfor in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a report on Tuesday, July 21st.

Interfor Stock Performance

IFSPF traded up $0.33 during trading hours on Thursday, hitting $10.67. 21,690 shares of the company’s stock were exchanged, compared to its average volume of 29,057. The stock’s 50-day moving average is $8.88 and its two-hundred day moving average is $7.85. Interfor has a 1-year low of $5.05 and a 1-year high of $10.78.

Interfor Company Profile

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.