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

Shares of Interfor Co. (OTCMKTS:IFSPF) have been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research analysts recently commented on IFSPF shares. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Interfor in a research report on Tuesday, July 21st. Scotiabank reiterated an “outperform” rating on shares of Interfor in a research note on Monday, August 10th. TD Securities reissued a “hold” rating on shares of Interfor in a research note on Tuesday, May 19th. Raymond James Financial downgraded shares of Interfor from a “strong-buy” rating to an “outperform” rating in a report on Thursday, April 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Interfor in a research note on Thursday, August 13th.

Interfor Stock Performance

Shares of OTCMKTS IFSPF opened at $10.98 on Thursday. The business has a 50-day moving average of $9.16 and a 200-day moving average of $7.95. Interfor has a fifty-two week low of $5.05 and a fifty-two week high of $10.98.

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.