iA Financial Co. Inc. (OTCMKTS:IAFNF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of iA Financial Co. Inc. (OTCMKTS:IAFNF) have received a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.

A number of analysts have issued reports on the stock. TD Securities reiterated a “hold” rating on shares of iA Financial in a report on Wednesday, August 5th. BMO Capital Markets reissued an “outperform” rating on shares of iA Financial in a research note on Thursday, August 6th. Scotiabank reaffirmed a “sector perform” rating on shares of iA Financial in a report on Thursday, August 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of iA Financial in a research report on Thursday, August 6th.

iA Financial Stock Performance

IAFNF stock opened at $142.31 on Monday. iA Financial has a 1-year low of $106.36 and a 1-year high of $148.36. The business has a 50 day simple moving average of $143.10 and a two-hundred day simple moving average of $127.68.

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.