Intact Financial (TSE:IFC) Given New C$325.00 Price Target at Scotiabank

Key Points

• Scotiabank lowered Intact Financial’s price target to C$325 from C$330 while maintaining a “sector outperform” rating, implying approximately 16.5% upside from the cited share price.
• Analyst sentiment remains positive overall: eight analysts rate the stock a Buy and two a Hold, producing a “Moderate Buy” consensus and an average price target of C$331.09.
• Intact Financial reported quarterly revenue of C$5.94 billion and EPS of C$4.33, though profit declined to about C$720 million from C$867 million a year earlier; shares recently traded near C$278.94.

Intact Financial (TSE:IFC - Get Free Report) had its target price dropped by equities researchers at Scotiabank from C$330.00 to C$325.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a "sector outperform" rating on the stock. Scotiabank's price target would suggest a potential upside of 16.51% from the company's current price.

Several other equities research analysts have also recently weighed in on the company. National Bank Financial upped their price target on Intact Financial from C$372.00 to C$379.00 and gave the company an "outperform" rating in a research report on Monday. Desjardins decreased their price objective on shares of Intact Financial from C$305.00 to C$300.00 and set a "buy" rating on the stock in a research report on Monday, April 27th. Canadian Imperial Bank of Commerce decreased their price objective on shares of Intact Financial from C$314.00 to C$311.00 in a report on Thursday. Raymond James Financial decreased their price target on shares of Intact Financial from C$310.00 to C$305.00 and set an "outperform" rating for the company in a research note on Wednesday, May 6th. Finally, Barclays cut their price target on shares of Intact Financial from C$352.00 to C$344.00 and set an "overweight" rating on the stock in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Intact Financial presently has an average rating of "Moderate Buy" and an average price target of C$331.09.

Intact Financial Stock Performance

IFC stock traded down C$5.86 during midday trading on Thursday, hitting C$278.94. The company's stock had a trading volume of 280,664 shares, compared to its average volume of 459,656. The stock's 50-day moving average price is C$285.54 and its 200 day moving average price is C$267.53. The company has a quick ratio of 0.28, a current ratio of 1.69 and a debt-to-equity ratio of 23.33. Intact Financial has a 1 year low of C$242.87 and a 1 year high of C$305.52. The stock has a market cap of C$49.31 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 2.01 and a beta of 0.29.

Intact Financial (TSE:IFC - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported C$4.33 earnings per share for the quarter. Intact Financial had a net margin of 12.76% and a return on equity of 16.93%. The firm had revenue of C$5.94 billion during the quarter. On average, equities analysts forecast that Intact Financial will post 16.1721014 EPS for the current year.

More Intact Financial News

Here are the key news stories impacting Intact Financial this week:

• Positive Sentiment: Analysts remain constructive on Intact Financial. Barclays maintained its Buy rating, while TD Securities kept a Buy rating and Barclays retained an Overweight rating. Their revised price targets of C$345 and C$344, respectively, still implied roughly 21% upside from the recently cited C$284.80 share price. Barclays Keeps Their Buy Rating on Intact Financial Corporation
• Positive Sentiment: Jefferies and National Bank Financial also reportedly forecast meaningful appreciation for IFC, reinforcing the view that the insurer’s long-term earnings and valuation outlook remains favorable. Jefferies outlook for Intact Financial National Bank Financial outlook for Intact Financial
• Neutral Sentiment: Intact reported Q2 2026 revenue of C$5.94 billion, earnings per share of C$4.33, a 16.93% return on equity and a 12.76% net margin. The earnings call provided investors with additional management commentary on the quarter and outlook. Intact Financial Q2 2026 results Intact Financial Q2 2026 earnings call transcript
• Negative Sentiment: Q2 profit fell to approximately C$720 million from C$867 million a year earlier. The year-over-year earnings decline likely pressured the stock, even though revenue and profitability metrics remained substantial. Intact Financial reports lower Q2 profit
• Negative Sentiment: TD and Barclays both reduced their price targets modestly—from C$347 to C$345 and from C$352 to C$344. Although their ratings remain positive, the cuts signal somewhat less near-term upside than previously expected. Analyst ratings for Intact Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.