iA Financial Co. Inc. (TSE:IAG - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$134.90 and traded as high as C$145.08. iA Financial shares last traded at C$143.55, with a volume of 144,529 shares traded.
Wall Street Analysts Forecast Growth
IAG has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price objective on iA Financial from C$148.00 to C$160.00 in a research report on Friday, July 11th. Scotiabank cut their price objective on iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 1st. TD Securities lifted their price objective on iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Royal Bank Of Canada set a C$141.00 price objective on iA Financial and gave the stock a "sector perform" rating in a research report on Tuesday, April 15th. Finally, CIBC lowered their target price 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. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$141.00.
Get Our Latest Analysis on iA Financial
iA Financial Price Performance
The stock has a 50 day simple moving average of C$143.10 and a 200-day simple moving average of C$135.05. The firm has a market cap of C$13.45 billion, a PE ratio of 13.66, a PEG ratio of 1.26 and a beta of 1.13.
Insiders Place Their Bets
In other news, Senior Officer Pierre Miron sold 15,000 shares of the business's stock in a transaction on 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 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. Insiders have sold 44,000 shares of company stock worth $6,151,244 over the last three months. Company insiders own 0.09% of the company's stock.
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.
Featured Stories
Before you consider iA Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iA Financial wasn't on the list.
While iA Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
