Intact Financial (OTCMKTS:IFCZF) Price Target Raised to C$215.00 at Desjardins

Intact Financial (OTCMKTS:IFCZF – Get Rating) had its target price upped by Desjardins from C$210.00 to C$215.00 in a research note published on Tuesday, The Fly reports.

Several other equities analysts have also recently issued reports on IFCZF. Barclays began coverage on Intact Financial in a research report on Thursday, May 5th. They set an overweight rating on the stock. Scotiabank boosted their target price on Intact Financial from C$195.00 to C$210.00 in a research report on Tuesday. Raymond James boosted their target price on Intact Financial from C$206.00 to C$229.00 in a research report on Tuesday. Royal Bank of Canada boosted their target price on Intact Financial from C$216.00 to C$219.00 in a research report on Friday, July 29th. Finally, National Bank Financial dropped their target price on Intact Financial from C$230.00 to C$227.00 in a research report on Monday, July 25th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Buy and a consensus target price of $216.70.

Intact Financial Price Performance

IFCZF opened at $148.50 on Tuesday. The business has a 50 day moving average price of $142.12 and a two-hundred day moving average price of $141.68. Intact Financial has a 52 week low of $123.42 and a 52 week high of $152.57.

About Intact Financial

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Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.

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