Shares of Intact Financial Co. (TSE:IFC - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$25.00 and last traded at C$304.15, with a volume of 40230 shares traded. The stock had previously closed at C$302.80.
Analyst Ratings Changes
A number of research firms have issued reports on IFC. UBS Group raised their price target on shares of Intact Financial from C$275.00 to C$290.00 in a research report on Tuesday, February 18th. TD Securities lifted their target price on shares of Intact Financial from C$328.00 to C$349.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. National Bankshares lifted their target price on shares of Intact Financial from C$336.00 to C$341.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. CIBC lifted their target price on shares of Intact Financial from C$290.00 to C$300.00 in a report on Friday, April 25th. Finally, Desjardins boosted their price target on shares of Intact Financial from C$320.00 to C$330.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Intact Financial currently has an average rating of "Moderate Buy" and a consensus target price of C$310.90.
Get Our Latest Analysis on IFC
Intact Financial Stock Performance
The firm has a market capitalization of C$56.12 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. The company's fifty day moving average price is C$295.01 and its two-hundred day moving average price is C$278.56.
About Intact Financial
(
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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.
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