Intact Financial Co. (OTCMKTS:IFCZF – Get Rating) has been assigned an average rating of “Buy” from the eleven ratings firms that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $210.00.
Several equities analysts recently weighed in on IFCZF shares. Barclays started coverage on shares of Intact Financial in a report on Thursday, May 5th. They issued an “overweight” rating on the stock. Raymond James cut their price target on shares of Intact Financial from C$217.00 to C$206.00 in a report on Wednesday. Scotiabank raised their price objective on shares of Intact Financial from C$200.00 to C$207.00 in a research note on Thursday. Desjardins raised their price objective on shares of Intact Financial from C$195.00 to C$205.00 in a research note on Friday, February 11th. Finally, BMO Capital Markets raised their price objective on shares of Intact Financial from C$205.00 to C$215.00 in a research note on Thursday, February 10th.
Shares of OTCMKTS:IFCZF opened at $134.84 on Friday. Intact Financial has a twelve month low of $123.42 and a twelve month high of $152.57. The company’s 50 day moving average is $144.00 and its 200 day moving average is $136.88.
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.
- Get a free copy of the StockNews.com research report on Intact Financial (IFCZF)
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