Intact Financial Co. (TSE:IFC) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• "Moderate Buy" consensus from nine analysts (6 buy, 2 hold, 1 strong buy) with an average 1-year target of C$318.50, versus a recent open near C$251.70, implying notable upside.
• Intact reported quarterly EPS of C$5.40 on C$7.10 billion revenue, with a net margin of 12.91% and ROE of 17.09%, and it trades at a PE of 13.72 with a market cap of C$44.69 billion.
• Analyst targets have recently diverged—TD Securities raised its target to C$354 while Raymond James and Jefferies trimmed theirs to C$310 and C$306—indicating mixed near-term views.

Shares of Intact Financial Co. (TSE:IFC - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$318.50.

IFC has been the subject of a number of recent research reports. Raymond James Financial dropped their price objective on shares of Intact Financial from C$330.00 to C$310.00 in a research note on Wednesday, February 11th. Barclays raised their price target on shares of Intact Financial from C$319.00 to C$322.00 in a research note on Wednesday. TD Securities raised their price target on shares of Intact Financial from C$346.00 to C$354.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group cut their price target on shares of Intact Financial from C$321.00 to C$306.00 in a research note on Thursday, February 12th.

Intact Financial Stock Down 0.4%

TSE IFC opened at C$251.70 on Friday. The company has a debt-to-equity ratio of 25.21, a quick ratio of 0.28 and a current ratio of 6.11. The firm has a 50-day simple moving average of C$255.94 and a 200 day simple moving average of C$266.78. Intact Financial has a twelve month low of C$242.87 and a twelve month high of C$317.35. The stock has a market cap of C$44.69 billion, a PE ratio of 13.72, a PEG ratio of 2.01 and a beta of 0.34.

Intact Financial (TSE:IFC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported C$5.40 earnings per share (EPS) for the quarter. Intact Financial had a net margin of 12.91% and a return on equity of 17.09%. The firm had revenue of C$7.10 billion for the quarter. On average, research analysts forecast that Intact Financial will post 16.1721014 EPS for the current year.

Intact Financial Company Profile

Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities.

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