Intact Financial Co. (TSE:IFC – Free Report) – Cormark decreased their FY2026 earnings per share (EPS) estimates for Intact Financial in a report released on Wednesday, July 30th. Cormark analyst L. Persaud now anticipates that the company will earn $17.32 per share for the year, down from their previous forecast of $17.45. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share.
A number of other analysts have also recently issued reports on the company. TD Securities increased their target price on Intact Financial from C$328.00 to C$349.00 and gave the stock a “buy” rating in a research note on Wednesday, May 7th. Raymond James Financial upped their price target on shares of Intact Financial from C$302.00 to C$330.00 and gave the company an “outperform” rating in a report on Wednesday, May 7th. Jefferies Financial Group increased their price objective on shares of Intact Financial from C$201.00 to C$289.00 in a research report on Monday, April 21st. CIBC boosted their price objective on shares of Intact Financial from C$290.00 to C$300.00 in a research report on Friday, April 25th. Finally, Scotiabank upped their target price on shares of Intact Financial from C$318.00 to C$325.00 in a research note on Wednesday, July 23rd. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$316.55.
Intact Financial Price Performance
TSE IFC opened at C$286.40 on Thursday. Intact Financial has a one year low of C$240.37 and a one year high of C$317.35. The firm has a market cap of C$50.95 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.01 and a beta of 0.57. The stock’s 50-day moving average is C$307.32 and its 200-day moving average is C$291.71.
Insiders Place Their Bets
In other Intact Financial news, Director Timothy Michael Miller sold 13,028 shares of Intact Financial stock in a transaction on Thursday, June 12th. The shares were sold at an average price of C$309.88, for a total value of C$4,037,064.53. Company insiders own 0.24% of the company’s stock.
About Intact Financial
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space.
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