Interfor (OTCMKTS:IFSPF) Stock Jumps 2.6% – Still a Buy?

Interfor Co. (OTCMKTS:IFSPF – Get Free Report)’s stock price was up 2.6% during trading on Friday. The stock traded as high as $10.07 and last traded at $10.07. 25,843 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 27,144 shares. The stock had previously closed at $9.8150.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of Interfor in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a research report on Tuesday, July 21st. Scotiabank reiterated an “outperform” rating on shares of Interfor in a research note on Monday, August 10th. Finally, Raymond James Financial upgraded Interfor from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Interfor

Interfor Trading Up 2.6%

The company’s fifty day simple moving average is $10.02 and its two-hundred day simple moving average is $8.82.

About Interfor

(Get Free Report)

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.

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