2 weeks Ago By ABMN Staff
Interfor Co. ( TSE:IFP – Get Free Report )’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$18.
20 and traded as low as C$16.58. Interfor shares last traded at C$16.
70, with a volume of 334,515 shares trading hands. Analyst Upgrades and Downgrades Several brokerages recently commented on IFP. TD Securities dropped their price objective on shares of Interfor from C$24.
00 to C$20.00 in a research note on Tuesday, July 23rd. BMO Capital Markets dropped their price objective on shares of Interfor from C$27.
00 to C$24.00 and set a “strong-buy” rating for the company in a research note on Tuesday, July 23rd. CIBC increased their price objective on shares of Interfor from C$18.
00 to C$19.00 and gave the company a “neutral” rating in a research note on Tuesday, August 13th. Scotiabank dropped their price objective on shares of Interfor from C$26.
00 to C$24.00 and set an “outperform” rating for the company in a research note on Monday, August 12th. Finally, Raymond James increased their price objective on shares of Interfor from C$26.
00 to C$30.00 and gave the company an “outperform” rating in a research note on Tuesday, July 23rd. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company.
According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$23.50.
Check Out Our Latest Analysis on IFP Interfor Price Performance Insider Activity In other news, Director Ian Fillinger bought 3,100 shares of the stock in a transaction that occurred on Wednesday, June 26th. The stock was acquired at an average price of C$16.30 per share, with a total value of C$50,530.
00. Insiders own 0.94% of the company’s stock.
Interfor Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for Interfor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interfor and related companies with MarketBeat.
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