Interfor (OTCMKTS:IFSPF) Trading 1.9% Higher – What’s Next?

Shares of Interfor Co. (OTCMKTS:IFSPF) traded up 1.9% during trading on Thursday . The company traded as high as $8.95 and last traded at $8.76. 82,974 shares changed hands during mid-day trading, an increase of 171% from the average daily volume of 30,597 shares. The stock had previously closed at $8.5990.

Analysts Set New Price Targets

IFSPF has been the topic of several research reports. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a report on Tuesday, May 19th. Raymond James Financial cut shares of Interfor from a “strong-buy” rating to an “outperform” rating in a research note on Thursday, April 23rd. Finally, TD Securities reissued a “hold” rating on shares of Interfor in a report on Tuesday, May 19th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Interfor has an average rating of “Moderate Buy”.

Interfor Trading Down 0.2%

The stock’s fifty day simple moving average is $7.80 and its two-hundred day simple moving average is $7.40.

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.