Ian Fillinger Acquires 5,490 Shares of Interfor Co. (TSE:IFP) Stock

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

Interfor Stock Down 2.6 %

Interfor 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 current ratio of 2.02, a quick ratio of 1.15 and a debt-to-equity ratio of 62.31. The stock has a 50 day moving average of C$19.80 and a two-hundred day moving average of C$18.23. Interfor Co. has a twelve month low of C$15.35 and a twelve month high of C$26.00.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Raymond James upgraded shares of Interfor from an “outperform” rating to a “strong-buy” rating and upped their price objective for the company from C$26.00 to C$30.00 in a research note on Tuesday, October 22nd. CIBC raised their price target on Interfor from C$22.00 to C$23.00 in a research note on Friday, November 8th. Finally, TD Securities cut their price target on Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Interfor has an average 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.