St�Phanie Butt Thibodeau Sells 3,000 Shares of iA Financial (TSE:IAG) Stock

Key Points

• Stéphanie Butt Thibodeau, an insider at iA Financial, sold 3,000 shares of the company at an average price of C$149.00, totaling C$447,000.00 on August 21st.
• iA Financial's stock is currently trading at **C$152.85**, with a 12-month range of C$103.70 to C$154.24, reflecting a recent increase of **0.9%**.
• Multiple analysts have updated their ratings and price targets for iA Financial, with **Scotiabank** rating it a "strong-buy" and BMO Capital Markets raising its target to **C$160.00**.

iA Financial Co. Inc. (TSE:IAG - Get Free Report) insider St�Phanie Butt Thibodeau sold 3,000 shares of iA Financial stock in a transaction on Thursday, August 21st. The stock was sold at an average price of C$149.00, for a total transaction of C$447,000.00.

iA Financial Stock Down 0.5%

IAG stock traded down C$0.77 during mid-day trading on Friday, reaching C$155.17. The company had a trading volume of 301,700 shares, compared to its average volume of 278,750. iA Financial Co. Inc. has a one year low of C$105.40 and a one year high of C$156.37. The stock has a market capitalization of C$14.41 billion, a P/E ratio of 14.49, a P/E/G ratio of 1.26 and a beta of 0.85. The stock's 50-day simple moving average is C$145.90 and its two-hundred day simple moving average is C$139.00.

Analyst Upgrades and Downgrades

IAG has been the topic of a number of recent analyst reports. Scotiabank upgraded shares of iA Financial to a "strong-buy" rating in a research note on Thursday, July 31st. BMO Capital Markets upped their price target on shares of iA Financial from C$148.00 to C$160.00 in a research note on Friday, July 11th. Cormark cut shares of iA Financial from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 30th. Desjardins boosted their target price on iA Financial from C$147.00 to C$149.00 and gave the stock a "hold" rating in a report on Thursday, August 7th. Finally, Royal Bank Of Canada increased their price target on iA Financial from C$142.00 to C$151.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$145.88.

iA Financial Company Profile

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.