iA Financial Co. Inc. (TSE:IAG - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$132.48 and traded as high as C$140.05. iA Financial shares last traded at C$139.67, with a volume of 211,703 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Royal Bank of Canada set a C$141.00 price target on iA Financial and gave the company a "sector perform" rating in a report on Tuesday, April 15th. Desjardins lifted their target price on iA Financial from C$140.00 to C$145.00 and gave the stock a "hold" rating in a report on Thursday, February 20th. CIBC dropped their target price on iA Financial from C$149.00 to C$144.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. TD Securities lifted their target price on iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, Scotiabank dropped their price objective on iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, iA Financial presently has a consensus rating of "Moderate Buy" and an average target price of C$139.75.
View Our Latest Stock Analysis on IAG
iA Financial Stock Performance
The firm has a market capitalization of C$13.35 billion, a PE ratio of 13.56, a PEG ratio of 1.26 and a beta of 1.13. The company has a fifty day simple moving average of C$133.62 and a two-hundred day simple moving average of C$132.60.
Insider Activity
In other news, Director Denis Ricard sold 6,200 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of C$139.50, for a total value of C$864,900.00. Also, Senior Officer Pierre Miron sold 15,000 shares of the firm'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. Over the last three months, insiders have sold 49,500 shares of company stock valued at $6,903,067. Company insiders own 0.09% of the company's stock.
About iA Financial
(
Get Free Report)
iA 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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