iA Financial Co. Inc. (TSE:IAG - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.
Analysts Set New Price Targets
IAG has been the topic of a number of recent analyst reports. TD Securities increased their price target on shares of iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Royal Bank Of Canada set a C$141.00 price target on iA Financial and gave the stock a "sector perform" rating in a report on Tuesday, April 15th. CIBC dropped their price target on shares of iA Financial from C$149.00 to C$144.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. BMO Capital Markets boosted their target price on shares of iA Financial from C$148.00 to C$160.00 in a research report on Friday, July 11th. Finally, Scotiabank lowered their price objective on shares of iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating for the company in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, iA Financial has a consensus rating of "Moderate Buy" and an average price target of C$141.00.
Read Our Latest Stock Analysis on IAG
iA Financial Price Performance
The stock has a fifty day moving average price of C$143.26 and a 200-day moving average price of C$135.27. The company has a market cap of C$13.55 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.
Insiders Place Their Bets
In other iA Financial news, Senior Officer Renée Laflamme sold 10,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of C$136.33, for a total value of C$1,363,264.00. Also, Director Denis Ricard sold 8,000 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of C$143.00, for a total transaction of C$1,144,000.00. 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.
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