iA Financial Co. Inc. (TSE:IAG - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$132.96 and traded as high as C$143.98. iA Financial shares last traded at C$143.75, with a volume of 230,193 shares traded.
Analyst Ratings Changes
A number of research firms have commented 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 report on Thursday, May 8th. Royal Bank Of Canada set a C$141.00 price objective on shares of iA Financial and gave the company a "sector perform" rating in a report on Tuesday, April 15th. Desjardins increased their target price on shares of iA Financial from C$140.00 to C$145.00 and gave the stock a "hold" rating in a research note on Thursday, February 20th. CIBC reduced 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. Finally, BMO Capital Markets increased their price objective on shares of iA Financial from C$140.00 to C$150.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, iA Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of C$139.75.
Get Our Latest Stock Report on iA Financial
iA Financial Price Performance
The company has a market cap of C$13.60 billion, a PE ratio of 13.81, a P/E/G ratio of 1.26 and a beta of 1.13. The business's 50 day moving average is C$136.56 and its 200-day moving average is C$133.16.
Insider Buying and Selling
In related news, Senior Officer Renée Laflamme sold 10,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$136.33, for a total value of C$1,363,264.00. Also, Senior Officer Pierre Miron sold 15,000 shares of the stock in a transaction that occurred on Monday, May 26th. The shares were sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. Over the last quarter, insiders sold 49,500 shares of company stock worth $6,903,067. Corporate insiders own 0.09% of the company's stock.
About iA Financial
(
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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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