Interfor Co. (OTCMKTS:IFSPF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Interfor Co. (OTCMKTS:IFSPF) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of research analysts have issued reports on IFSPF shares. Raymond James Financial upgraded shares of Interfor from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, September 15th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Interfor in a research note on Thursday, August 13th. Scotiabank reaffirmed an “outperform” rating on shares of Interfor in a research report on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Interfor in a report on Tuesday, July 21st.

Interfor Trading Up 2.4%

Shares of IFSPF opened at $9.28 on Friday. Interfor has a 52 week low of $5.05 and a 52 week high of $11.20. The firm’s 50-day simple moving average is $10.16 and its 200 day simple moving average is $8.67.

Interfor Company Profile

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.