Ian Fillinger Buys 3,400 Shares of Interfor Co. (TSE:IFP) Stock

Interfor Co. (TSE:IFP) Director Ian Fillinger acquired 3,400 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was bought at an average price of C$14.95 per share, with a total value of C$50,820.14.

Ian Fillinger also recently made the following trade(s):

• On Monday, December 30th, Ian Fillinger acquired 3,150 shares of Interfor stock. The stock was bought at an average price of C$16.29 per share, with a total value of C$51,304.05.

Interfor Trading Down 0.5 %

TSE IFP opened at C$15.72 on Friday. The stock has a market capitalization of C$814.07 million, a P/E ratio of -1.92 and a beta of 2.54. Interfor Co. has a 52-week low of C$14.58 and a 52-week high of C$22.38. The firm has a 50-day moving average price of C$16.53 and a 200 day moving average price of C$18.05. The company has a quick ratio of 1.15, a current ratio of 1.69 and a debt-to-equity ratio of 61.24.

Analyst Upgrades and Downgrades

IFP has been the subject of several research analyst reports. Raymond James decreased their price objective on shares of Interfor from C$30.00 to C$26.00 and set a “strong-buy” rating for the company in a research note on Thursday, January 30th. Scotiabank downgraded shares of Interfor from an “outperform” rating to a “sector perform” rating in a research note on Monday, March 3rd. CIBC decreased their target price on shares of Interfor from C$22.00 to C$20.00 in a research note on Tuesday, February 18th. Finally, Royal Bank of Canada decreased their target price on shares of Interfor from C$27.00 to C$26.00 and set an “outperform” rating for the company in a research note on Friday, December 20th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Interfor presently has a consensus rating of “Moderate Buy” and an average target price of C$23.67.

About Interfor

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.