Interfor Co. (IFSPF) – What Are Brokerages Thinking About This Stock?

Interfor Co. (OTCMKTS:IFSPF) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

A number of brokerages recently commented on IFSPF. Raymond James Financial raised Interfor from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, September 15th. Scotiabank reaffirmed an “outperform” rating on shares of Interfor in a report on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Interfor in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Interfor in a report on Monday, October 26th.

Interfor Stock Up 1.6%

Shares of IFSPF stock opened at $9.88 on Tuesday. Interfor has a 12-month low of $5.05 and a 12-month high of $11.20. The stock’s 50-day moving average price is $9.97 and its 200-day moving average price is $8.46.

Interfor Company Profile

Interfor Corporation is a forest products company that manufactures and sells lumber and related wood products. Its primary products include dimensional lumber used in residential and commercial construction, as well as specialty wood products for industrial, retail and other end-use markets.

The company operates sawmills and related facilities in Canada and the United States, serving customers across North America and international markets. Its operations include the procurement and processing of timber, the production of lumber from logs, and the sale of residual products such as wood chips, shavings and sawdust.

Founded in 1963, Interfor has expanded its North American presence through organic development and acquisitions.