Interfor Co. (TSE:IFP) Director Ian Fillinger Buys 5,490 Shares

Interfor Co. (TSE:IFP) Director Ian Fillinger purchased 5,490 shares of the stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of C$18.48 per share, for a total transaction of C$101,433.24.

Interfor Price Performance

IFP stock opened at C$17.91 on Friday. The stock has a market capitalization of C$921.47 million, a price-to-earnings ratio of -2.56 and a beta of 2.54. The company has a quick ratio of 1.15, a current ratio of 2.02 and a debt-to-equity ratio of 62.31. Interfor Co. has a 52-week low of C$15.35 and a 52-week high of C$26.00. The stock’s fifty day simple moving average is C$19.80 and its 200-day simple moving average is C$18.23.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. TD Securities lowered their target price on Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. CIBC upped their price objective on Interfor from C$22.00 to C$23.00 in a research report on Friday, November 8th. Finally, Raymond James upgraded Interfor from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from C$26.00 to C$30.00 in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$24.50.

About Interfor

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.