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

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

A number of analysts have commented on IFCZF shares. TD Securities reaffirmed a “buy” rating on shares of Intact Financial in a research report on Wednesday, February 11th. Scotiabank reissued an “outperform” rating on shares of Intact Financial in a research report on Friday, January 30th.

Intact Financial Stock Performance

Shares of OTCMKTS IFCZF opened at $182.19 on Friday. Intact Financial has a 52-week low of $180.00 and a 52-week high of $256.31. The company’s 50 day moving average price is $189.64 and its 200-day moving average price is $194.64.

Intact Financial (OTCMKTS:IFCZF) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $3.95 earnings per share for the quarter, missing the consensus estimate of $4.65 by ($0.70). The firm had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $5.93 billion.

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.