Intact Financial (TSE:IFC) Price Target Raised to C$236.00

Intact Financial (TSE:IFC - Get Free Report) had its price objective upped by analysts at Royal Bank of Canada from C$229.00 to C$236.00 in a research note issued on Monday, BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Royal Bank of Canada's target price points to a potential upside of 4.22% from the company's current price.

IFC has been the topic of a number of other reports. Raymond James lifted their target price on Intact Financial from C$221.00 to C$247.00 in a research report on Wednesday, February 14th. Scotiabank upped their target price on Intact Financial from C$256.00 to C$261.00 in a report on Friday. TD Securities upped their target price on Intact Financial from C$225.00 to C$235.00 and gave the company a "buy" rating in a report on Wednesday, February 14th. CIBC upped their target price on Intact Financial from C$225.00 to C$250.00 and gave the company an "outperform" rating in a report on Thursday, February 15th. Finally, National Bankshares lowered their target price on Intact Financial from C$250.00 to C$245.00 and set an "outperform" rating for the company in a report on Thursday, February 15th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$239.89.

Intact Financial Stock Up 1.0 %

Shares of IFC traded up C$2.14 during mid-day trading on Monday, reaching C$226.45. The company's stock had a trading volume of 467,164 shares, compared to its average volume of 299,767. Intact Financial has a 12-month low of C$188.22 and a 12-month high of C$237.25. The stock has a market cap of C$40.38 billion, a PE ratio of 32.30, a price-to-earnings-growth ratio of 2.01 and a beta of 0.54. The company has a debt-to-equity ratio of 34.90, a current ratio of 0.38 and a quick ratio of 0.28. The company's 50 day moving average is C$223.61 and its 200 day moving average is C$211.81.

Intact Financial (TSE:IFC - Get Free Report) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$3.47 earnings per share for the quarter, beating the consensus estimate of C$3.44 by C$0.03. The firm had revenue of C$6.53 billion during the quarter. Intact Financial had a return on equity of 8.16% and a net margin of 4.59%. Equities analysts anticipate that Intact Financial will post 14.4651774 EPS for the current fiscal year.

Insider Transactions at Intact Financial

In other Intact Financial news, Senior Officer Benoit Morissette sold 7,000 shares of the company's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of C$226.23, for a total value of C$1,583,589.00. Insiders own 0.23% of the company's stock.

Intact Financial Company Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.