Shares of Intact Financial Co. (TSE:IFC) have received an average rating of “Hold” from the ten brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$109.20.
A number of brokerages recently commented on IFC. TD Securities upgraded shares of Intact Financial from a “hold” rating to a “buy” rating and raised their price objective for the stock from C$115.00 to C$120.00 in a report on Thursday, November 16th. Scotiabank dropped their price objective on shares of Intact Financial from C$110.00 to C$107.00 and set a “sector perform” rating on the stock in a report on Thursday, November 9th. Royal Bank of Canada raised their price objective on shares of Intact Financial from C$109.00 to C$110.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 8th. National Bank Financial raised their target price on shares of Intact Financial from C$105.00 to C$112.00 and gave the company a “sector perform” rating in a research report on Monday, November 6th. Finally, CIBC downgraded shares of Intact Financial from an “outperform” rating to a “neutral” rating and raised their target price for the company from C$106.00 to C$113.00 in a research report on Friday, October 27th.
Shares of Intact Financial (TSE:IFC) traded down C$0.55 during trading hours on Tuesday, hitting C$103.68. 173,304 shares of the company were exchanged, compared to its average volume of 151,577. Intact Financial has a fifty-two week low of C$91.40 and a fifty-two week high of C$109.33. The firm has a market capitalization of $14,430.00, a price-to-earnings ratio of 19.13 and a beta of 0.31.
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 a range of car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto.
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