Intact Financial Co. (TSE:IFC – Get Rating)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$197.54 and traded as high as C$205.25. Intact Financial shares last traded at C$202.06, with a volume of 325,022 shares traded.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the company. TD Securities cut their target price on Intact Financial from C$235.00 to C$225.00 and set a “buy” rating on the stock in a research report on Wednesday, February 8th. Cormark lowered their price target on Intact Financial from C$211.00 to C$207.00 in a report on Wednesday, February 8th. Raymond James lifted their price target on Intact Financial from C$229.00 to C$233.00 and gave the company an “outperform” rating in a report on Wednesday, February 8th. Scotiabank lifted their price target on Intact Financial from C$220.00 to C$225.00 in a report on Friday, April 28th. Finally, Barclays lowered their price target on Intact Financial from C$235.00 to C$220.00 in a report on Friday, April 28th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Intact Financial presently has an average rating of “Moderate Buy” and an average target price of C$223.33.
Intact Financial Stock Down 0.8 %
The business has a 50 day simple moving average of C$198.04 and a 200 day simple moving average of C$197.54. The company has a debt-to-equity ratio of 35.06, a current ratio of 0.40 and a quick ratio of 0.28. The stock has a market cap of C$35.41 billion, a PE ratio of 15.70, a P/E/G ratio of 2.01 and a beta of 0.57.
Intact Financial Announces Dividend
Insider Buying and Selling at Intact Financial
In other Intact Financial news, Senior Officer Charles Brindamour sold 30,000 shares of the business’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of C$195.00, for a total value of C$5,850,000.00. Corporate insiders own 0.24% of the company’s stock.
About Intact Financial
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.
- Airline ETFs: What They Are and How to Invest
- Williams-Sonoma Is The Retail Value Play, Here’s Why
- Ladder Corporation: Climbing Higher And Paying 9% Yield
- Microbot Medical spikes 150% on its Endovascular Surgical Robot
- PetMed Express: Charts Say This Could Be The Bottom
Receive News & Ratings for Intact Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intact Financial and related companies with MarketBeat.com's FREE daily email newsletter.