Shares of iA Financial Co. Inc. (TSE:IAG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$139.75.
A number of equities research analysts recently commented on IAG shares. CIBC lowered their price target on shares of iA Financial from C$149.00 to C$144.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Royal Bank Of Canada set a C$141.00 price objective on shares of iA Financial and gave the company a "sector perform" rating in a research note on Tuesday, April 15th. Scotiabank dropped their target price on shares of iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. Finally, TD Securities raised their target price on iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th.
View Our Latest Report on IAG
iA Financial Stock Up 0.2%
Shares of IAG traded up C$0.26 during trading hours on Thursday, hitting C$146.61. The company had a trading volume of 60,018 shares, compared to its average volume of 260,045. iA Financial has a 52-week low of C$84.44 and a 52-week high of C$151.29. The stock's 50 day moving average price is C$140.73 and its 200 day moving average price is C$134.07. The firm has a market cap of C$13.76 billion, a P/E ratio of 13.97, a P/E/G ratio of 1.26 and a beta of 1.13.
Insider Activity at iA Financial
In other iA Financial news, Senior Officer Pierre Miron sold 15,000 shares of iA Financial stock in a transaction that occurred on Monday, May 26th. The stock was sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. Also, Senior Officer Renée Laflamme sold 10,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$136.33, for a total value of C$1,363,264.00. Insiders have sold 44,000 shares of company stock worth $6,151,244 over the last ninety days. Corporate insiders own 0.09% of the company's stock.
iA Financial Company Profile
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Get Free ReportiA 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.
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