BMO Capital Markets Boosts iA Financial (OTCMKTS:IAFNF) Price Target to C$88.00

iA Financial (OTCMKTS:IAFNFGet Rating) had its target price hoisted by BMO Capital Markets from C$87.00 to C$88.00 in a report issued on Friday morning, The Fly reports.

A number of other equities analysts have also commented on the company. Royal Bank of Canada cut their price target on iA Financial from C$96.00 to C$86.00 in a report on Friday, May 13th. Scotiabank cut their price target on iA Financial from C$92.00 to C$85.00 in a report on Monday, May 2nd. Desjardins dropped their price objective on iA Financial from C$88.00 to C$80.00 in a research note on Monday, May 16th. TD Securities lifted their price objective on iA Financial from C$81.00 to C$84.00 in a research note on Friday. Finally, National Bank Financial lifted their price objective on iA Financial from C$78.00 to C$81.00 in a research note on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $85.06.

iA Financial Stock Up 3.6 %

iA Financial stock opened at $49.84 on Friday. iA Financial has a one year low of $45.27 and a one year high of $66.61. The business has a fifty day moving average price of $49.04 and a 200-day moving average price of $55.34.

iA Financial Company Profile

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iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.

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