Ian Fillinger Buys 3,150 Shares of Interfor Co. (TSE:IFP) Stock

Interfor Co. (TSE:IFP - Get Free Report) Director Ian Fillinger acquired 3,150 shares of the company's stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of C$16.29 per share, with a total value of C$51,304.05.

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

• On Thursday, December 12th, Ian Fillinger purchased 5,490 shares of Interfor stock. The shares were bought at an average cost of C$18.48 per share, for a total transaction of C$101,433.24.

Interfor Trading Up 3.1 %

Interfor stock traded up C$0.51 during mid-day trading on Tuesday, hitting C$16.79. 122,970 shares of the stock were exchanged, compared to its average volume of 157,852. The stock has a market capitalization of C$863.85 million, a price-to-earnings ratio of -2.40 and a beta of 2.54. Interfor Co. has a 12 month low of C$15.35 and a 12 month high of C$25.59. The company has a quick ratio of 1.15, a current ratio of 2.02 and a debt-to-equity ratio of 62.31. The firm's fifty day simple moving average is C$18.98 and its two-hundred day simple moving average is C$18.14.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on IFP. Royal Bank of Canada cut their target price on shares of Interfor from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a research report on Friday, December 20th. CIBC raised their price objective on Interfor from C$22.00 to C$23.00 in a report on Friday, November 8th. Raymond James raised Interfor from an "outperform" rating to a "strong-buy" rating and upped their target price for the stock from C$26.00 to C$30.00 in a report on Tuesday, October 22nd. Finally, TD Securities cut their price target on Interfor from C$23.00 to C$22.00 in a research note on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$24.83.

Interfor Company Profile

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.