The Financial sector company, Intact Financial Corporation (IFC – Research Report), has received a rating update from a Wall Street analyst today. The Financial company, Intact Financial Corporation (TSX: IFC) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Hardie is a 5-star analyst with an average return of 11.8% and a 75.9% success rate. Hardie covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, IGM Financial, and CI Financial.
Intact Financial Corporation has an analyst consensus of Strong Buy, with a price target consensus of C$233.61.
The company has a one-year high of C$209.57 and a one-year low of C$182.01. Currently, Intact Financial Corporation has an average volume of 267K.
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly owned subsidiary, BrokerLink, and directly to consumers through belairdirect. Most of the company’s direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.
The company’s shares closed last Thursday at C$199.73.
Read More on TSE:IFC:
- Intact Financial price target raised to C$222 from C$218 at Scotiabank
- Intact Financial resumed with an Outperformer at CIBC
- Intact Financial Corporation and RSA to acquire Direct Line Insurance Group plc’s brokered Commercial Lines operations
- Intact Financial price target lowered to C$227 from C$230 at RBC Capital
