iA Financial Co. Inc. (TSE:IAG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$136.48 and traded as high as C$148.38. iA Financial shares last traded at C$148.12, with a volume of 172,605 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on IAG. 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 objective on iA Financial from C$142.00 to C$151.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. 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. Cormark downgraded iA Financial from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Finally, Desjardins upped their price objective on iA Financial from C$147.00 to C$149.00 and gave the company a "hold" rating in a research note on Thursday, August 7th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, iA Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of C$145.88.
Get Our Latest Stock Report on IAG
iA Financial Trading Up 0.7%
The business has a 50-day moving average price of C$144.28 and a 200 day moving average price of C$136.95. The stock has a market cap of C$14.17 billion, a PE ratio of 14.39, a PEG ratio of 1.26 and a beta of 1.13.
Insider Activity at iA Financial
In other news, Senior Officer Pierre Miron sold 15,000 shares of the company's stock in a transaction on Monday, May 26th. The stock was sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. 0.09% of the stock is owned by corporate insiders.
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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