Intact Financial Co. (TSE:IFC - Free Report) - Analysts at Desjardins increased their FY2025 earnings per share (EPS) estimates for Intact Financial in a report issued on Wednesday, May 7th. Desjardins analyst D. Young now expects that the company will post earnings per share of $16.80 for the year, up from their previous forecast of $16.35. Desjardins has a "Buy" rating and a $330.00 price objective on the stock. The consensus estimate for Intact Financial's current full-year earnings is $16.17 per share.
A number of other research firms have also issued reports on IFC. UBS Group lifted their target price on Intact Financial from C$275.00 to C$290.00 in a report on Tuesday, February 18th. CIBC lifted their target price on Intact Financial from C$290.00 to C$300.00 in a research report on Friday, April 25th. Jefferies Financial Group boosted their price target on Intact Financial from C$201.00 to C$289.00 in a research report on Monday, April 21st. Raymond James boosted their price target on Intact Financial from C$302.00 to C$330.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Finally, TD Securities boosted their target price on Intact Financial from C$328.00 to C$349.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$310.90.
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Intact Financial Stock Performance
Shares of TSE IFC traded down C$2.67 during trading on Monday, reaching C$287.72. The stock had a trading volume of 375,280 shares, compared to its average volume of 300,877. Intact Financial has a fifty-two week low of C$218.58 and a fifty-two week high of C$311.29. The business's 50-day moving average price is C$290.24 and its 200-day moving average price is C$275.66. The company has a market cap of C$51.18 billion, a P/E ratio of 22.28, a PEG ratio of 2.01 and a beta of 0.57.
Insiders Place Their Bets
In related news, Senior Officer Benoit Morissette sold 6,000 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of C$287.12, for a total value of C$1,722,738.00. Corporate insiders own 0.24% of the company's stock.
About Intact Financial
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Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space.
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