Interfor Co. (TSE:IFP) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Interfor Co. (TSE:IFP - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seven analysts that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$23.67.

A number of equities analysts have recently commented on IFP shares. CIBC lowered their price target on Interfor from C$22.00 to C$20.00 in a report on Tuesday, February 18th. Royal Bank of Canada lowered their price target on Interfor from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Friday, December 20th. Raymond James lowered their target price on Interfor from C$30.00 to C$26.00 and set a "strong-buy" rating for the company in a report on Thursday, January 30th. Scotiabank cut Interfor from an "outperform" rating to a "sector perform" rating in a report on Monday. Finally, TD Securities lowered their target price on Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th.

Insider Buying and Selling at Interfor

In other Interfor news, Director Ian Fillinger bought 3,150 shares of the business's stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average price of C$16.29 per share, for a total transaction of C$51,304.05. Corporate insiders own 0.94% of the company's stock.

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Interfor Price Performance

Shares of Interfor stock traded down C$0.10 during trading on Friday, reaching C$16.02. 288,926 shares of the company's stock were exchanged, compared to its average volume of 191,654. The company has a debt-to-equity ratio of 61.24, a quick ratio of 1.15 and a current ratio of 1.69. Interfor has a 1-year low of C$15.01 and a 1-year high of C$22.38. The company has a market cap of C$829.61 million, a P/E ratio of -1.96 and a beta of 2.54. The firm's 50-day moving average price is C$16.90 and its 200 day moving average price is C$18.17.

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.