Interfor Co. (TSE:IFP) Director Ian Fillinger Purchases 5,510 Shares

Interfor Co. (TSE:IFP - Get Free Report) Director Ian Fillinger acquired 5,510 shares of the firm's stock in a transaction that occurred on Tuesday, May 14th. The shares were bought at an average cost of C$18.16 per share, with a total value of C$100,037.91.

Interfor Stock Performance

Shares of IFP traded up C$0.48 during mid-day trading on Tuesday, reaching C$18.15. The company's stock had a trading volume of 202,486 shares, compared to its average volume of 169,567. Interfor Co. has a 1-year low of C$16.78 and a 1-year high of C$26.31. The stock has a market cap of C$933.82 million, a P/E ratio of -3.50 and a beta of 2.61. The business has a 50-day simple moving average of C$19.30 and a two-hundred day simple moving average of C$20.54. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 54.21.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on IFP shares. Royal Bank of Canada decreased their price objective on Interfor from C$28.00 to C$27.00 and set an "outperform" rating for the company in a report on Monday. Raymond James downgraded Interfor from a "strong-buy" rating to an "outperform" rating in a report on Wednesday, April 3rd. Scotiabank decreased their price objective on Interfor from C$29.00 to C$26.00 and set an "outperform" rating for the company in a report on Monday. CIBC decreased their price objective on Interfor from C$24.00 to C$22.00 and set an "outperform" rating for the company in a report on Monday. Finally, TD Securities decreased their price objective on Interfor from C$25.00 to C$24.00 and set a "buy" rating for the company in a report on Tuesday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$26.00.

Interfor Company Profile

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.

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