iA Financial (TSE:IAG) Insider Ï¿½Ric Jobin Purchases 1,000 Shares of Stock

iA Financial Co. Inc. (TSE:IAG) insider Ï¿½Ric Jobin purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average price of C$151.82 per share, for a total transaction of C$151,820.00. Following the completion of the purchase, the insider owned 1,941 shares of the company’s stock, valued at approximately C$294,682.62. This represents a 106.27% increase in their ownership of the stock.

iA Financial Stock Performance

TSE:IAG opened at C$149.20 on Friday. iA Financial Co. Inc. has a 1 year low of C$115.21 and a 1 year high of C$182.99. The stock has a fifty day moving average price of C$168.11 and a two-hundred day moving average price of C$163.76. The stock has a market capitalization of C$13.75 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.26 and a beta of 0.99.

iA Financial (TSE:IAG) last issued its earnings results on Tuesday, February 17th. The company reported C$3.10 EPS for the quarter. iA Financial had a net margin of 10.11% and a return on equity of 13.62%. The company had revenue of C$3.23 billion for the quarter. On average, analysts predict that iA Financial Co. Inc. will post 11.6187564 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. National Bank Financial dropped their target price on shares of iA Financial from C$190.00 to C$181.00 and set a “sector perform” rating for the company in a report on Wednesday, February 18th. Scotiabank lowered their price target on iA Financial from C$188.00 to C$174.00 in a report on Thursday, February 19th. TD Securities dropped their price objective on iA Financial from C$192.00 to C$189.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. BMO Capital Markets decreased their target price on iA Financial from C$185.00 to C$175.00 in a research report on Thursday, February 19th. Finally, Royal Bank Of Canada set a C$167.00 target price on iA Financial and gave the company a “sector perform” rating in a report on Monday, January 19th. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, iA Financial presently has a consensus rating of “Hold” and a consensus target price of C$176.14.

iA Financial Company Profile

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.