Interfor Co. (OTCMKTS:IFSPF) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Interfor Co. (OTCMKTS:IFSPF) have received an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts have issued reports on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Interfor in a report on Thursday, August 13th. Scotiabank reiterated an “outperform” rating on shares of Interfor in a research note on Monday, August 10th. Raymond James Financial upgraded shares of Interfor from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, September 15th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Interfor in a research report on Monday.

Interfor Stock Performance

IFSPF opened at $10.71 on Tuesday. Interfor has a 1-year low of $5.05 and a 1-year high of $11.20. The company’s fifty day moving average price is $10.03 and its two-hundred day moving average price is $8.37.

About Interfor

Interfor Corporation is a Canadian forest products company that manufactures and sells lumber and related wood products. Its primary business is the production of dimensional lumber used in residential and commercial construction, repair and remodeling, and industrial applications.

The company also produces specialty and value-added wood products, including grades and sizes designed for specific construction and manufacturing needs. Interfor sells its products through building material distributors, retailers and other customers in North America and international markets.

Interfor operates sawmills and related facilities in the Canadian province of British Columbia and in the U.S.