Ian Fillinger Buys 3,400 Shares of Interfor Co. (TSE:IFP) Stock

Interfor Co. (TSE:IFP) Director Ian Fillinger acquired 3,400 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were bought at an average price of C$14.95 per share, for a total transaction of C$50,820.14.

Ian Fillinger also recently made the following trade(s):

• On Monday, December 30th, Ian Fillinger purchased 3,150 shares of Interfor stock. The shares were purchased at an average cost of C$16.29 per share, with a total value of C$51,304.05.

Interfor Stock Performance

Interfor stock opened at C$15.80 on Thursday. The company has a debt-to-equity ratio of 61.24, a current ratio of 1.69 and a quick ratio of 1.15. The company has a market cap of C$818.22 million, a P/E ratio of -1.93 and a beta of 2.54. Interfor Co. has a fifty-two week low of C$14.58 and a fifty-two week high of C$22.38. The firm’s 50 day simple moving average is C$16.55 and its 200-day simple moving average is C$18.06.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on IFP shares. Scotiabank lowered Interfor from an “outperform” rating to a “sector perform” rating in a report on Monday, March 3rd. CIBC cut their price target on shares of Interfor from C$22.00 to C$20.00 in a report on Tuesday, February 18th. Royal Bank of Canada lowered their price objective on shares of Interfor from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Friday, December 20th. Finally, Raymond James dropped their target price on shares of Interfor from C$30.00 to C$26.00 and set a “strong-buy” rating on the stock in a report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$23.67.

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.