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

Interfor Co. (TSE:IFP) Director Ian Fillinger purchased 3,400 shares of Interfor stock in a transaction dated Monday, March 17th. The shares were purchased 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 price of C$16.29 per share, for a total transaction of C$51,304.05.

Interfor Price Performance

Interfor stock opened at C$15.21 on Wednesday. Interfor Co. has a one year low of C$14.58 and a one year high of C$22.38. 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 stock’s 50 day moving average is C$16.56 and its 200 day moving average is C$18.06. The firm has a market cap of C$787.66 million, a P/E ratio of -1.86 and a beta of 2.54.

Analyst Ratings Changes

Several research firms have recently weighed in on IFP. Raymond James reduced their price target on 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. CIBC cut their price objective on Interfor from C$22.00 to C$20.00 in a research note on Tuesday, February 18th. Scotiabank lowered Interfor from an “outperform” rating to a “sector perform” rating in a research note on Monday, March 3rd. Finally, Royal Bank of Canada cut their price objective on 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. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Interfor currently 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.