Intact Financial (OTCMKTS:IFCZF) Trading 1.6% Higher

Intact Financial Co. (OTCMKTS:IFCZF)’s stock price traded up 1.6% during trading on Monday . The company traded as high as $140.05 and last traded at $140.05. 384 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 6,832 shares. The stock had previously closed at $137.90.

Analysts Set New Price Targets

IFCZF has been the topic of a number of recent analyst reports. CIBC began coverage on Intact Financial in a report on Thursday, September 14th. They set an “outperform” rating on the stock. TD Securities decreased their price target on shares of Intact Financial from C$225.00 to C$220.00 in a research report on Thursday, August 3rd. Raymond James lowered their price objective on shares of Intact Financial from C$224.00 to C$221.00 in a research report on Tuesday, July 11th. Scotiabank lifted their price objective on shares of Intact Financial from C$218.00 to C$222.00 in a research report on Thursday, September 14th. Finally, Royal Bank of Canada lowered their price objective on shares of Intact Financial from C$230.00 to C$227.00 in a research report on Friday, September 1st.

Intact Financial Stock Up 1.6 %

The company’s 50 day simple moving average is $144.06 and its 200 day simple moving average is $146.91.

About Intact Financial

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. 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, as well as travel insurance.