Interfor Co. (TSE:IFP) Director Acquires C$50,820.14 in Stock

Interfor Co. (TSE:IFP - Get Free Report) Director Ian Fillinger bought 3,400 shares of the firm's stock in a transaction on Monday, March 17th. The shares were bought at an average cost of C$14.95 per share, for a total transaction of C$50,820.14.

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

• On Monday, December 30th, Ian Fillinger purchased 3,150 shares of Interfor stock. The shares were acquired at an average price of C$16.29 per share, for a total transaction of C$51,304.05.

Interfor Trading Down 2.9 %

IFP stock traded down C$0.45 during midday trading on Friday, hitting C$15.27. The stock had a trading volume of 1,732,804 shares, compared to its average volume of 218,646. The business has a fifty day moving average price of C$16.50 and a two-hundred day moving average price of C$18.04. Interfor Co. has a 1-year low of C$14.58 and a 1-year high of C$22.20. The firm has a market cap of C$790.77 million, a P/E ratio of -1.87 and a beta of 2.54. The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 61.24.

Analysts Set New Price Targets

IFP has been the topic of a number of recent research reports. Scotiabank lowered shares of Interfor from an "outperform" rating to a "sector perform" rating in a report on Monday, March 3rd. CIBC cut their price target on shares of Interfor from C$22.00 to C$20.00 in a report on Tuesday, February 18th. Royal Bank of Canada cut their price target on shares of Interfor from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a report on Friday, December 20th. Finally, Raymond James dropped their target price on shares of Interfor from C$30.00 to C$26.00 and set a "strong-buy" rating on the stock in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$23.67.

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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.