Intact Financial Co. (TSE:IFC) has received an average rating of “Hold” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$109.20.

IFC has been the topic of several recent analyst reports. Barclays upped their price target on Intact Financial from C$100.00 to C$109.00 in a research report on Friday, October 20th. TD Securities raised Intact Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from C$115.00 to C$120.00 in a research report on Thursday, November 16th. CIBC lowered Intact Financial from an “outperform” rating to a “neutral” rating and upped their target price for the stock from C$106.00 to C$113.00 in a research report on Friday, October 27th. Raymond James Financial raised Intact Financial from a “market perform” rating to an “outperform” rating and upped their target price for the stock from C$104.00 to C$110.00 in a research report on Thursday, October 19th. Finally, Scotiabank upped their target price on Intact Financial from C$105.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 31st.

Intact Financial (IFC) traded down C$0.72 during trading hours on Friday, reaching C$106.14. The company had a trading volume of 251,829 shares, compared to its average volume of 227,464. Intact Financial has a 52-week low of C$91.40 and a 52-week high of C$109.33.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.64 per share. The ex-dividend date is Thursday, December 14th. This represents a $2.56 annualized dividend and a dividend yield of 2.41%. Intact Financial’s dividend payout ratio (DPR) is presently 46.13%.

COPYRIGHT VIOLATION NOTICE: This report was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at

About Intact Financial

Intact Financial Corporation is a holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers a range of car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto.

Analyst Recommendations for Intact Financial (TSE:IFC)

Receive News & Ratings for Intact Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intact Financial and related companies with's FREE daily email newsletter.