Shares of iA Financial Co. Inc. (TSE:IAG - Get Free Report) have earned an average rating of "Moderate Buy" from the nine ratings firms that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$139.75.
Several equities analysts recently issued reports on the company. TD Securities upped their target price on iA Financial from C$140.00 to C$147.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. BMO Capital Markets upped their target price on iA Financial from C$140.00 to C$150.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Royal Bank of Canada set a C$141.00 target price on iA Financial and gave the company a "sector perform" rating in a research report on Tuesday, April 15th. 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 report on Thursday, May 1st. Finally, Desjardins upped their target price on iA Financial from C$140.00 to C$145.00 and gave the company a "hold" rating in a research report on Thursday, February 20th.
View Our Latest Stock Analysis on iA Financial
Insider Buying and Selling at iA Financial
In other news, Senior Officer Alain Bergeron sold 2,750 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of C$136.40, for a total transaction of C$375,100.00. Also, Senior Officer Renée Laflamme sold 10,000 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$136.33, for a total transaction of C$1,363,264.00. Over the last three months, insiders have sold 49,500 shares of company stock valued at $6,903,067. 0.09% of the stock is owned by insiders.
iA Financial Stock Up 0.5%
Shares of IAG traded up C$0.70 during trading hours on Friday, reaching C$140.72. 120,632 shares of the company traded hands, compared to its average volume of 266,811. The business has a fifty day moving average price of C$134.12 and a 200-day moving average price of C$132.75. iA Financial has a 12-month low of C$84.29 and a 12-month high of C$144.91. The stock has a market capitalization of C$13.20 billion, a P/E ratio of 13.41, a P/E/G ratio of 1.26 and a beta of 1.13.
iA Financial Company Profile
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Get Free ReportiA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.
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