Intact Financial Co. (OTCMKTS:IFCZF) Given Consensus Recommendation of “Buy” by Analysts

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have been given an average recommendation of “Buy” by the six brokerages that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a buy rating.

Several analysts have commented on IFCZF shares. Jefferies Financial Group raised shares of Intact Financial to a “buy” rating in a research note on Tuesday, October 21st. Barclays reaffirmed an “overweight” rating on shares of Intact Financial in a research report on Wednesday, November 5th. Finally, National Bankshares reiterated an “outperform” rating on shares of Intact Financial in a research report on Monday, October 27th.

Intact Financial Stock Performance

IFCZF stock opened at $207.85 on Friday. The firm’s fifty day moving average is $200.21 and its 200 day moving average is $203.97. Intact Financial has a one year low of $174.52 and a one year high of $256.31.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.