Interfor Co. (OTCMKTS:IFSPF – Get Free Report)’s stock price shot up 1.6% during mid-day trading on Thursday . The stock traded as high as $7.73 and last traded at $7.6865. 3,631 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 30,033 shares. The stock had previously closed at $7.5620.
Wall Street Analyst Weigh In
Several brokerages have issued reports on IFSPF. Scotiabank reissued an “outperform” rating on shares of Interfor in a research report on Tuesday, February 17th. TD Securities reissued a “hold” rating on shares of Interfor in a research report on Tuesday, May 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of Interfor in a research report on Tuesday, February 17th. Raymond James Financial downgraded shares of Interfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Interfor in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Interfor
Interfor Stock Performance
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.
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