iA Financial Co. Inc. (TSE:IAG - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$149.49 and last traded at C$148.80, with a volume of 28428 shares changing hands. The stock had previously closed at C$147.38.
Analyst Ratings Changes
Several research firms have issued reports on IAG. TD Securities lifted their target price on iA Financial from C$140.00 to C$147.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. CIBC reduced their price objective on shares of iA Financial from C$149.00 to C$144.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Royal Bank Of Canada set a C$141.00 target price on shares of iA Financial and gave the company a "sector perform" rating in a research report on Tuesday, April 15th. Finally, Scotiabank cut their price target on shares of iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating on the stock in a report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, iA Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of C$139.75.
Check Out Our Latest Research Report on iA Financial
iA Financial Stock Performance
The stock has a 50 day moving average of C$139.82 and a 200-day moving average of C$133.78. The company has a market cap of C$13.68 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.
Insider Buying and Selling at iA Financial
In other iA Financial news, Senior Officer Pierre Miron sold 15,000 shares of the stock in a transaction dated Monday, May 26th. The stock was sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. Also, Senior Officer Éric Jobin sold 1,500 shares of iA Financial stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of C$142.89, for a total value of C$214,341.00. In the last 90 days, insiders have sold 44,000 shares of company stock valued at $6,151,244. 0.09% of the stock is currently owned by insiders.
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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