iA Financial (TSE:IAG – Get Rating) had its target price increased by equities researchers at TD Securities from C$80.00 to C$81.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 10.38% from the company’s previous close.
Several other research analysts have also issued reports on the company. Cormark dropped their target price on iA Financial from C$89.00 to C$87.00 in a research report on Thursday. CIBC boosted their target price on iA Financial from C$73.00 to C$74.00 in a research report on Wednesday, October 26th. Canaccord Genuity Group decreased their price target on shares of iA Financial from C$82.00 to C$80.00 in a research note on Thursday. National Bankshares decreased their price target on shares of iA Financial from C$80.00 to C$78.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Royal Bank of Canada lifted their price target on shares of iA Financial from C$86.00 to C$88.00 and gave the company an “outperform” rating in a research note on Friday, July 29th.
iA Financial Stock Up 3.9 %
Shares of TSE:IAG opened at C$73.38 on Thursday. iA Financial has a 1 year low of C$58.70 and a 1 year high of C$85.25. The business has a 50 day simple moving average of C$72.84 and a two-hundred day simple moving average of C$68.50. The firm has a market capitalization of C$7.75 billion and a PE ratio of 10.04. The company has a debt-to-equity ratio of 48.80, a current ratio of 0.44 and a quick ratio of 0.20.
About iA Financial
iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.
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