iA Financial Co. Inc. (TSE:IAG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$135.90 and traded as high as C$142.10. iA Financial shares last traded at C$141.27, with a volume of 231,183 shares trading hands.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. CIBC reduced their price objective on 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. BMO Capital Markets upped their price objective on iA Financial from C$148.00 to C$160.00 in a research note on Friday, July 11th. Royal Bank Of Canada upped their price target on iA Financial from C$142.00 to C$151.00 and gave the company a "sector perform" rating in a research report on Thursday, August 7th. Scotiabank raised iA Financial to a "strong-buy" rating in a research report on Thursday, July 31st. Finally, TD Securities upped their price target 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. Five analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, iA Financial has a consensus rating of "Moderate Buy" and a consensus price target of C$145.88.
View Our Latest Stock Analysis on IAG
iA Financial Stock Up 0.9%
The company has a market capitalization of C$13.78 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. The company has a 50-day moving average of C$143.11 and a two-hundred day moving average of C$136.09.
Insider Buying and Selling at iA Financial
In other iA Financial news, Senior Officer Pierre Miron sold 15,000 shares of the company's stock in a transaction dated Monday, May 26th. The stock was sold at an average price of C$140.29, for a total value of C$2,104,389.00. Also, Senior Officer Éric Jobin sold 1,500 shares of the company's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of C$142.89, for a total value of C$214,341.00. Over the last 90 days, insiders sold 27,800 shares of company stock worth $3,923,080. 0.09% of the stock is owned by insiders.
iA Financial Company Profile
(
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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.
Further Reading
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