Intact Financial Co. (TSE:IFC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$281.00 and traded as high as C$309.05. Intact Financial shares last traded at C$307.10, with a volume of 174,109 shares.
Analyst Ratings Changes
IFC has been the topic of a number of recent research reports. UBS Group lifted their price objective on Intact Financial from C$275.00 to C$290.00 in a report on Tuesday, February 18th. CIBC boosted their price target on Intact Financial from C$290.00 to C$300.00 in a research note on Friday, April 25th. TD Securities upped their price target on Intact Financial from C$328.00 to C$349.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Jefferies Financial Group lifted their price objective on Intact Financial from C$201.00 to C$289.00 in a report on Monday, April 21st. Finally, Desjardins boosted their target price on shares of Intact Financial from C$320.00 to C$330.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Intact Financial presently has an average rating of "Moderate Buy" and a consensus price target of C$310.90.
Read Our Latest Research Report on IFC
Intact Financial Price Performance
The stock has a 50 day moving average price of C$298.31 and a two-hundred day moving average price of C$281.00. The company has a market capitalization of C$54.07 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57.
About Intact Financial
(
Get Free Report)
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.
Featured Stories
Before you consider Intact Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intact Financial wasn't on the list.
While Intact Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
