Interfor (IFSPF) Projected to Announce Earnings on Thursday

Interfor (OTCMKTS:IFSPF) is expected to be issuing its resultson Thursday, August 6th. Analysts expect Interfor to announce earnings of $0.0901 per share and revenue of $536.6770 million for the quarter.

Interfor Stock Up 8.8%

Shares of IFSPF stock opened at $9.62 on Wednesday. The company has a 50-day simple moving average of $8.60 and a 200 day simple moving average of $7.73. Interfor has a 52 week low of $5.05 and a 52 week high of $9.89.

Analysts Set New Price Targets

Several equities research analysts have issued reports on IFSPF shares. Raymond James Financial downgraded shares of Interfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. TD Securities reaffirmed a “hold” rating on shares of Interfor in a research report on Tuesday, May 19th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Interfor in a research note on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Interfor currently has a consensus rating of “Moderate Buy”.

About Interfor

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.