Intact Financial Co. (TSE:IFC) Receives Average Rating of “Buy” from Analysts

Intact Financial Co. (TSE:IFCGet Rating) has earned an average recommendation of “Buy” from the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$214.21.

Several equities research analysts have issued reports on the company. Cormark lowered their price target on Intact Financial from C$210.00 to C$200.00 in a report on Tuesday. CIBC increased their price objective on Intact Financial from C$210.00 to C$225.00 and gave the stock an “outperform” rating in a report on Thursday, May 12th. Raymond James increased their price objective on Intact Financial from C$206.00 to C$229.00 and gave the stock a “strong-buy” rating in a report on Tuesday. National Bankshares increased their price objective on Intact Financial from C$227.00 to C$230.00 and gave the stock an “outperform” rating in a report on Friday, July 29th. Finally, TD Securities increased their price objective on Intact Financial from C$215.00 to C$220.00 and gave the stock a “buy” rating in a report on Friday, July 29th.

Intact Financial Stock Down 0.0 %

Shares of Intact Financial stock opened at C$189.94 on Friday. Intact Financial has a 1 year low of C$158.00 and a 1 year high of C$191.56. The business has a 50-day moving average of C$182.70 and a two-hundred day moving average of C$180.95. The company has a market capitalization of C$33.34 billion and a P/E ratio of 13.13. The company has a debt-to-equity ratio of 30.85, a current ratio of 0.44 and a quick ratio of 0.27.

Intact Financial (TSE:IFCGet Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported C$2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of C$2.43 by C$0.10. The business had revenue of C$5.31 billion during the quarter, compared to the consensus estimate of C$4.94 billion. As a group, equities analysts predict that Intact Financial will post 12.9300005 EPS for the current year.

Intact Financial Company Profile

(Get Rating)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.

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Analyst Recommendations for Intact Financial (TSE:IFC)

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