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

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

Several equities analysts have issued reports on IFCZF shares. Scotiabank reissued an “outperform” rating on shares of Intact Financial in a research note on Friday, January 30th. Barclays reiterated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th. National Bank Financial restated an “outperform” rating on shares of Intact Financial in a report on Monday, October 27th. Finally, TD Securities reissued a “buy” rating on shares of Intact Financial in a research report on Wednesday, February 11th.

Intact Financial Price Performance

Shares of OTCMKTS IFCZF opened at $191.98 on Monday. Intact Financial has a twelve month low of $180.00 and a twelve month high of $256.31. The firm has a fifty day simple moving average of $196.57 and a 200 day simple moving average of $196.54.

Intact Financial (OTCMKTS:IFCZF) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $3.95 EPS for the quarter, missing analysts’ consensus estimates of $4.65 by ($0.70). The business had revenue of $4.39 billion for the quarter, compared to analyst estimates of $5.93 billion.

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.