Intact Financial Co. (OTCMKTS:IFCZF) Given Average Recommendation of “Moderate Buy” by Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several equities analysts have recently weighed in on the company. Barclays reiterated an “overweight” rating on shares of Intact Financial in a report on Tuesday, July 7th. TD Securities restated a “buy” rating on shares of Intact Financial in a report on Wednesday, May 6th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Intact Financial in a research note on Friday.

Intact Financial Stock Up 0.5%

IFCZF opened at $210.37 on Friday. The stock has a market cap of $37.10 billion and a P/E ratio of 15.48. Intact Financial has a 12 month low of $174.43 and a 12 month high of $226.09. The company has a fifty day simple moving average of $198.71 and a 200 day simple moving average of $193.03.

Intact Financial (OTCMKTS:IFCZF) last posted its earnings results on Tuesday, May 5th. The company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.24. The firm had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.28 billion. Intact Financial had a return on equity of 19.25% and a net margin of 12.02%.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.