Shares of iA Financial Co. Inc. (TSE:IAG - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine analysts that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$139.75.
Several equities analysts have weighed in on the company. Royal Bank Of Canada set a C$141.00 price objective on iA Financial and gave the company a "sector perform" rating in a research note on Tuesday, April 15th. TD Securities upped their price objective on shares of iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Scotiabank decreased their price objective on shares of iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating for the company in a research note on Thursday, May 1st. Finally, CIBC cut their target price on iA Financial from C$149.00 to C$144.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st.
Get Our Latest Research Report on iA Financial
Insider Activity at iA Financial
In related news, Senior Officer Pierre Miron sold 15,000 shares of iA Financial stock in a transaction that occurred on Monday, May 26th. The shares were sold at an average price of C$140.29, for a total value of C$2,104,389.00. Also, Director Denis Ricard sold 8,000 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$143.00, for a total value of C$1,144,000.00. Insiders sold 44,000 shares of company stock valued at $6,151,244 over the last quarter. 0.09% of the stock is currently owned by insiders.
iA Financial Price Performance
Shares of IAG stock traded up C$0.43 during trading hours on Thursday, reaching C$146.78. The company had a trading volume of 42,313 shares, compared to its average volume of 261,620. The company has a market cap of C$13.77 billion, a price-to-earnings ratio of 13.98, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. iA Financial has a 12 month low of C$84.44 and a 12 month high of C$151.29. The business has a fifty day simple moving average of C$140.44 and a 200-day simple moving average of C$133.95.
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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