iA Financial Co. Inc. (TSE:IAG - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as C$162.67 and last traded at C$162.38, with a volume of 71737 shares. The stock had previously closed at C$160.26.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Scotiabank upgraded iA Financial to a "strong-buy" rating in a report on Thursday, July 31st. Cormark cut iA Financial from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 30th. National Bankshares upped their price target on iA Financial from C$141.00 to C$146.00 and gave the company a "sector perform" rating in a report on Wednesday, August 6th. BMO Capital Markets boosted their price target on shares of iA Financial from C$148.00 to C$160.00 in a research note on Friday, July 11th. Finally, Desjardins raised their price objective on iA Financial from C$147.00 to C$149.00 and gave the stock a "hold" rating in a report on Thursday, August 7th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$145.88.
View Our Latest Stock Analysis on IAG
iA Financial Stock Performance
The business's 50-day moving average is C$149.77 and its 200-day moving average is C$142.12. The firm has a market cap of C$14.96 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 1.26 and a beta of 0.89.
Insider Activity at iA Financial
In other news, insider St�Phanie Butt Thibodeau sold 3,000 shares of the firm'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 on Wednesday, September 3rd. The stock was sold at an average price of C$150.60, for a total value of C$3,011,960.00. Following the completion of the sale, the insider owned 4,900 shares of the company's stock, valued at approximately C$737,930.20. This represents a 80.32% decrease in their ownership of the stock. 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.
See Also
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