Insider Selling: iA Financial Co. Inc. (TSE:IAG) Senior Officer Sells 1,500 Shares of Stock

iA Financial Co. Inc. (TSE:IAG) Senior Officer Éric Jobin sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of C$142.89, for a total value of C$214,341.00.

iA Financial Trading Down 0.0%

Shares of IAG stock opened at C$141.99 on Wednesday. iA Financial Co. Inc. has a 1 year low of C$84.29 and a 1 year high of C$143.75. The firm’s fifty day simple moving average is C$131.96 and its 200 day simple moving average is C$131.49. The firm has a market capitalization of C$13.32 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. CIBC dropped their price target on shares of iA Financial from C$149.00 to C$144.00 and set an “outperform” rating on the stock in a research report on Thursday, May 1st. TD Securities raised their target price on shares of iA Financial from C$140.00 to C$147.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Royal Bank of Canada set a C$141.00 target price on shares of iA Financial and gave the stock a “sector perform” rating in a report on Tuesday, April 15th. BMO Capital Markets boosted their target price on shares of iA Financial from C$140.00 to C$150.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Finally, Scotiabank lowered their price target on iA Financial from C$143.00 to C$140.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$139.75.

About iA Financial

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.