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

Interfor Co. (OTCMKTS:IFSPF) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages have recently issued reports on IFSPF. Scotiabank reiterated an “outperform” rating on shares of Interfor in a report on Monday, August 10th. Raymond James Financial upgraded Interfor from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, September 15th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Interfor in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Interfor in a research note on Tuesday, July 21st.

Interfor Stock Performance

Shares of OTCMKTS IFSPF opened at $9.15 on Friday. Interfor has a one year low of $5.05 and a one year high of $11.20. The business’s 50-day moving average price is $10.14 and its two-hundred day moving average price is $8.63.

Interfor Company Profile

Interfor Corporation is a forest products company headquartered in Vancouver, British Columbia. The company is primarily engaged in the production and sale of lumber and related wood products for residential and commercial construction, industrial applications, and other markets.

Interfor operates sawmills and related facilities across Canada and the United States, with a geographic presence in British Columbia, Alberta, the U.S. Pacific Northwest, and the U.S. Southeast. Its products include dimensional lumber, specialty lumber, and residual products such as wood chips, bark, and sawdust.

Founded in 1963, Interfor has expanded through the development and acquisition of sawmilling operations in North America.