iA Financial (OTCMKTS:IAFNF) Price Target Increased to C$81.50 by Analysts at Canaccord Genuity Group

iA Financial (OTCMKTS:IAFNFGet Rating) had its target price lifted by Canaccord Genuity Group from C$77.00 to C$81.50 in a research note published on Monday morning, The Fly reports.

Several other equities analysts have also issued reports on the company. Scotiabank decreased their target price on iA Financial from C$92.00 to C$85.00 in a research report on Monday, May 2nd. Desjardins cut their price objective on iA Financial from C$88.00 to C$80.00 in a report on Monday, May 16th. National Bank Financial boosted their target price on iA Financial from C$78.00 to C$81.00 in a research note on Friday. TD Securities upped their price objective on iA Financial from C$81.00 to C$84.00 in a research note on Friday. Finally, BMO Capital Markets upped their price objective on iA Financial from C$87.00 to C$88.00 in a research note on Friday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $84.50.

iA Financial Stock Performance

iA Financial stock opened at $49.84 on Monday. iA Financial has a 1 year low of $45.27 and a 1 year high of $66.61. The business has a 50-day moving average of $49.04 and a 200-day moving average of $55.25.

About iA Financial

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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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