iA Financial (TSE:IAG) PT Set at C$181.00 by National Bank Financial

iA Financial (TSE:IAG) received a C$181.00 price target from research analysts at National Bank Financial in a report released on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 3.19% from the company’s current price.

IAG has been the topic of several other reports. Royal Bank Of Canada set a C$167.00 price objective on shares of iA Financial and gave the stock a “sector perform” rating in a research note on Monday, January 19th. Canadian Imperial Bank of Commerce lowered shares of iA Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. Scotiabank lowered their price objective on shares of iA Financial from C$188.00 to C$174.00 in a research note on Thursday, February 19th. Desjardins boosted their price objective on shares of iA Financial from C$173.00 to C$174.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. Finally, TD boosted their price objective on shares of iA Financial from C$189.00 to C$193.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$179.63.

iA Financial Price Performance

Shares of TSE:IAG opened at C$175.41 on Friday. The company’s 50-day moving average price is C$158.00 and its two-hundred day moving average price is C$165.13. iA Financial has a one year low of C$129.24 and a one year high of C$182.99. The stock has a market capitalization of C$15.93 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 1.26 and a beta of 0.86.

iA Financial (TSE:IAG) last released its quarterly earnings data on Tuesday, February 17th. The company reported C$3.10 earnings per share for the quarter. The company had revenue of C$3.23 billion for the quarter. iA Financial had a net margin of 10.11% and a return on equity of 13.62%. On average, analysts anticipate that iA Financial will post 11.6187564 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Denis Ricard purchased 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were acquired at an average price of C$152.00 per share, for a total transaction of C$912,000.00. Following the purchase, the director owned 56,000 shares in the company, valued at approximately C$8,512,000. This represents a 12.00% increase in their ownership of the stock. Also, insider Ï¿½Ric Jobin purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was bought at an average price of C$151.82 per share, for a total transaction of C$151,820.00. Following the purchase, the insider owned 1,941 shares in the company, valued at C$294,682.62. The trade was a 106.27% increase in their position. 0.09% of the stock is owned by insiders.

About iA Financial

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.