Barclays PLC restated their overweight rating on shares of Intact Financial Co. (TSE:IFC) in a research note published on Thursday, May 11th. Barclays PLC currently has a C$100.00 target price on the stock.
IFC has been the subject of a number of other research reports. Desjardins boosted their price target on Intact Financial from C$94.00 to C$96.00 and gave the stock a hold rating in a research report on Wednesday, February 1st. Scotiabank boosted their price target on Intact Financial from C$105.00 to C$107.00 and gave the stock an outperform rating in a research report on Friday, April 28th. TD Securities reaffirmed a hold rating and issued a C$100.00 price target on shares of Intact Financial in a research report on Friday, January 27th. CIBC reduced their price target on Intact Financial from C$109.00 to C$106.00 in a research report on Thursday, February 9th. Finally, BMO Capital Markets lifted their price objective on Intact Financial from C$103.00 to C$104.00 and gave the stock an outperform rating in a research note on Thursday, February 9th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Intact Financial currently has a consensus rating of Hold and a consensus target price of C$100.80.
Shares of Intact Financial (IFC) traded up 0.14% during mid-day trading on Thursday, hitting $94.36. The company had a trading volume of 143,487 shares. Intact Financial has a 12 month low of $86.63 and a 12 month high of $97.56. The firm has a 50-day moving average of $93.34 and a 200-day moving average of $94.27. The company has a market cap of $12.36 billion and a PE ratio of 24.02.
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In other Intact Financial news, insider Lucie Martel bought 3,215 shares of Intact Financial stock in a transaction dated Friday, May 26th. The shares were acquired at an average cost of C$93.42 per share, with a total value of C$300,345.30. Also, Director Yves Brouillette sold 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 15th. The stock was sold at an average price of C$94.47, for a total value of C$1,180,875.00.
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.
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