Shares of iA Financial Co. Inc. (TSE:IAG - Get Free Report) have earned an average rating of "Moderate Buy" from the ten research firms that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$145.88.
IAG has been the subject of several recent research reports. Cormark downgraded shares of iA Financial from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Desjardins increased their target price on iA Financial from C$147.00 to C$149.00 and gave the company a "hold" rating in a research note on Thursday, August 7th. Royal Bank Of Canada increased their target price on iA Financial from C$142.00 to C$151.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. National Bankshares increased their target price on iA Financial from C$141.00 to C$146.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 6th. Finally, Scotiabank upgraded iA Financial to a "strong-buy" rating in a research note on Thursday, July 31st.
Check Out Our Latest Analysis on iA Financial
iA Financial Stock Performance
IAG traded up C$1.65 on Tuesday, reaching C$156.36. 984,019 shares of the company's stock were exchanged, compared to its average volume of 282,412. The company's 50 day moving average is C$146.95 and its 200-day moving average is C$139.75. The company has a market cap of C$14.52 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 1.26 and a beta of 0.85. iA Financial has a twelve month low of C$108.68 and a twelve month high of C$156.96.
Insider Transactions at iA Financial
In other iA Financial news, insider St�Phanie Butt Thibodeau sold 3,000 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of C$149.00, for a total value of C$447,000.00. Insiders own 0.09% of the company's stock.
About iA Financial
(
Get Free Report)
iA 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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