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

Interfor Co. (OTCMKTS:IFSPF) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several analysts have recently weighed in on the company. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Interfor in a research report on Tuesday, July 21st. Scotiabank restated an “outperform” rating on shares of Interfor in a report on Monday, August 10th. Raymond James Financial raised shares of Interfor from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, September 15th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Interfor in a report on Thursday, August 13th.

Interfor Stock Performance

IFSPF opened at $9.63 on Friday. The business has a fifty day moving average of $10.12 and a 200 day moving average of $8.59. Interfor has a 52-week low of $5.05 and a 52-week high of $11.20.

About Interfor

Interfor Corporation is a forest products company headquartered in Vancouver, British Columbia. The company is primarily engaged in the production and sale of lumber and related wood products for residential and commercial construction, industrial applications, and other markets.

Interfor operates sawmills and related facilities across Canada and the United States, with a geographic presence in British Columbia, Alberta, the U.S. Pacific Northwest, and the U.S. Southeast. Its products include dimensional lumber, specialty lumber, and residual products such as wood chips, bark, and sawdust.

Founded in 1963, Interfor has expanded through the development and acquisition of sawmilling operations in North America.