iA Financial (OTCMKTS:IAFNF) Shares Up 0.6% – Time to Buy?

iA Financial Co. Inc. (OTCMKTS:IAFNF) shares traded up 0.6% on Friday . The company traded as high as $130.78 and last traded at $130.32. 1,583 shares were traded during mid-day trading, a decline of 71% from the average session volume of 5,488 shares. The stock had previously closed at $129.54.

Analyst Upgrades and Downgrades

IAFNF has been the topic of several recent analyst reports. National Bankshares restated a “sector perform” rating on shares of iA Financial in a research report on Wednesday, November 5th. CIBC reiterated an “outperform” rating on shares of iA Financial in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, iA Financial presently has a consensus rating of “Moderate Buy”.

iA Financial Stock Performance

The stock’s 50-day moving average is $120.16 and its two-hundred day moving average is $112.15.

About iA Financial

iA Financial Group (OTCMKTS: IAFNF) is a Canadian-based insurance and wealth management company offering a broad spectrum of financial products and services. The company’s core operations encompass life and health insurance, creditor insurance, auto and home insurance, as well as group insurance solutions for businesses and associations. Founded in 1892 and headquartered in Quebec City, iA Financial has grown to become one of Canada’s largest insurers and wealth managers, serving individual and corporate clients through a comprehensive network of agents, brokers, and financial advisors.

In its wealth management division, iA Financial Group provides retirement savings plans, mutual funds, segregated funds, and managed accounts.