Raymond James Lowers Intact Financial (OTCMKTS:IFCZF) Price Target to C$206.00

Intact Financial (OTCMKTS:IFCZFGet Rating) had its price objective decreased by Raymond James from C$217.00 to C$206.00 in a report released on Wednesday, The Fly reports.

Several other equities research analysts also recently weighed in on the company. TD Securities upped their price target on Intact Financial from C$205.00 to C$210.00 in a report on Wednesday. Barclays began coverage on Intact Financial in a report on Thursday, May 5th. They set an “overweight” rating on the stock. BMO Capital Markets increased their price objective on Intact Financial from C$205.00 to C$215.00 in a report on Thursday, February 10th. Scotiabank dropped their price objective on Intact Financial from C$201.00 to C$200.00 in a report on Tuesday, April 12th. Finally, Desjardins increased their price objective on Intact Financial from C$195.00 to C$205.00 in a report on Friday, February 11th. Ten research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $209.30.

OTCMKTS IFCZF traded down $1.81 during trading hours on Wednesday, hitting $135.49. 300 shares of the company were exchanged, compared to its average volume of 1,303. The company has a 50 day moving average of $144.34 and a two-hundred day moving average of $136.91. Intact Financial has a 52-week low of $123.42 and a 52-week high of $152.57.

About Intact Financial (Get Rating)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.

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