iA Financial Co. Inc. (TSE:IAG - Get Free Report) Director Denis Ricard sold 8,000 shares of the business's stock in a transaction on Friday, May 16th. The stock was sold at an average price of C$143.00, for a total value of C$1,144,000.00.
Denis Ricard also recently made the following trade(s):
- On Thursday, May 15th, Denis Ricard sold 3,300 shares of iA Financial stock. The stock was sold at an average price of C$139.50, for a total value of C$460,350.00.
- On Tuesday, May 13th, Denis Ricard sold 6,200 shares of iA Financial stock. The stock was sold at an average price of C$139.50, for a total value of C$864,900.00.
iA Financial Stock Down 0.9%
TSE:IAG traded down C$1.20 during mid-day trading on Friday, hitting C$138.89. 558,929 shares of the company traded hands, compared to its average volume of 269,288. The stock's fifty day moving average price is C$132.59 and its 200-day moving average price is C$131.89. iA Financial Co. Inc. has a one year low of C$84.29 and a one year high of C$143.75. The firm has a market cap of C$13.03 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.
Analyst Upgrades and Downgrades
Several analysts recently commented on IAG shares. CIBC cut their price objective 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. Desjardins lifted their price objective 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. Scotiabank cut 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. 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 report on Thursday, May 8th. Finally, BMO Capital Markets lifted their price objective on iA Financial from C$140.00 to C$150.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. Five investment 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 company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$139.75.
Read Our Latest Stock Analysis on iA Financial
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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