Intact Financial Co. (OTCMKTS:IFCZF) Receives Consensus Rating of “Buy” from Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has been assigned an average rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating.

IFCZF has been the topic of several recent research reports. Barclays reaffirmed an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th. Jefferies Financial Group upgraded shares of Intact Financial to a “buy” rating in a research note on Tuesday, October 21st. Finally, National Bankshares reiterated an “outperform” rating on shares of Intact Financial in a research note on Monday, October 27th.

Intact Financial Stock Down 1.7%

Shares of OTCMKTS IFCZF opened at $182.55 on Thursday. Intact Financial has a one year low of $175.76 and a one year high of $256.31. The business’s fifty day moving average price is $200.17 and its 200-day moving average price is $199.83.

About Intact Financial

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.