Interfor Co. (OTCMKTS:IFSPF – Get Free Report)’s share price dropped 4.3% during mid-day trading on Thursday . The stock traded as low as $8.26 and last traded at $8.27. 37,305 shares changed hands during trading, an increase of 22% from the average daily volume of 30,580 shares. The stock had previously closed at $8.64.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Raymond James Financial lowered shares of Interfor from a “strong-buy” rating to an “outperform” rating in a report on Thursday, April 23rd. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Interfor in a report on Tuesday, May 19th. Finally, TD Securities reaffirmed a “hold” rating on shares of Interfor in a research report on Tuesday, May 19th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Read Our Latest Report on Interfor
Interfor Price Performance
Interfor Company Profile
Interfor Corporation is a leading global manufacturer of wood products, headquartered in Vancouver, British Columbia. The company operates a network of sawmills across Canada and the United States, producing a wide range of softwood lumber items for residential, commercial and industrial construction. Interfor’s product portfolio includes dimension lumber, timbers, boards and specialty wood products designed to meet the needs of building material distributors, home center retail channels and industrial end-users.
Interfor’s operations span premier timber-growing regions in British Columbia, Alberta, Washington State and Oregon.
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