Interfor Co. (OTCMKTS:IFSPF) Receives Average Rating of “Buy” from Brokerages

Interfor Co. (OTCMKTS:IFSPF) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $44.83.

A number of equities analysts recently issued reports on IFSPF shares. Raymond James dropped their price objective on Interfor from C$61.00 to C$57.00 and set a “strong-buy” rating for the company in a report on Wednesday, September 29th. CIBC dropped their price objective on Interfor from C$40.00 to C$35.00 and set an “outperform” rating for the company in a report on Tuesday, August 10th. Finally, Scotiabank dropped their price objective on Interfor from C$47.00 to C$42.00 and set an “outperform” rating for the company in a report on Tuesday.

IFSPF traded up $0.78 during trading hours on Friday, reaching $26.56. 16,466 shares of the company’s stock traded hands, compared to its average volume of 9,964. The firm has a 50-day moving average price of $22.39 and a 200 day moving average price of $23.99. Interfor has a 52-week low of $11.10 and a 52-week high of $39.00.

About Interfor

Interfor Corp. engages in the manufacture and sells wood products in Canada, United States, Japan, China, Taiwan, and internationally. The firm offers lumber products for decking, fascia and trims, framings, furniture, industrial packaging, Japan Zairai, millworks, paneling, sidings, trusses, and windows and doors.

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Analyst Recommendations for Interfor (OTCMKTS:IFSPF)

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