iA Financial Co. Inc. (TSE:IAG - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$157.67 and last traded at C$156.48, with a volume of 67461 shares traded. The stock had previously closed at C$156.36.
Analysts Set New Price Targets
A number of analysts have commented on IAG shares. National Bankshares upped their price target on iA Financial from C$141.00 to C$146.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 6th. BMO Capital Markets upped their price target on iA Financial from C$148.00 to C$160.00 in a research report on Friday, July 11th. Desjardins upped their price target on iA Financial from C$147.00 to C$149.00 and gave the stock a "hold" rating in a research report on Thursday, August 7th. Royal Bank Of Canada upped their price target on iA Financial from C$142.00 to C$151.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 7th. Finally, Cormark cut iA Financial from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, iA Financial presently has a consensus rating of "Moderate Buy" and an average target price of C$145.88.
Check Out Our Latest Stock Analysis on IAG
iA Financial Stock Down 0.7%
The stock has a market cap of C$14.41 billion, a P/E ratio of 14.48, a price-to-earnings-growth ratio of 1.26 and a beta of 0.85. The business has a 50 day moving average price of C$147.18 and a two-hundred day moving average price of C$140.11.
Insider Transactions at iA Financial
In other news, insider St�Phanie Butt Thibodeau sold 3,000 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of C$149.00, for a total value of C$447,000.00. Also, insider Pierre Miron sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of C$150.60, for a total value of C$3,011,960.00. Following the transaction, the insider owned 4,900 shares of the company's stock, valued at C$737,930.20. This represents a 80.32% decrease in their position. Corporate insiders own 0.09% of the company's stock.
iA Financial Company Profile
(
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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