Intact Financial Co. (TSE:IFC) has received an average rating of “Buy” from the ten research firms that are covering the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$96.00.
Several research analysts recently issued reports on the company. Scotiabank reaffirmed an “outperform” rating and set a C$100.00 target price on shares of Intact Financial in a research report on Thursday, July 28th. Desjardins upped their target price on Intact Financial from C$90.00 to C$94.00 in a research report on Thursday, July 28th. CIBC reduced their target price on Intact Financial from C$109.00 to C$98.00 in a research report on Thursday, July 28th. TD Securities upped their target price on Intact Financial from C$94.00 to C$98.00 and gave the company a “hold” rating in a research report on Thursday, July 28th. Finally, Raymond James Financial Inc. downgraded Intact Financial from an “outperform” rating to a “market perform” rating and boosted their price target for the company from C$96.00 to C$97.00 in a research note on Thursday, July 28th.
Shares of Intact Financial (TSE:IFC) opened at 95.51 on Monday. The stock’s 50 day moving average price is $93.90 and its 200-day moving average price is $91.54. The stock has a market cap of $12.53 billion and a price-to-earnings ratio of 22.70. Intact Financial has a 1-year low of $77.49 and a 1-year high of $97.20.
Intact Financial Company Profile
Intact Financial Corporation is a holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto. It offers various levels of coverage to customers for their liability, personal injury and damage to their vehicles through personal auto.
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