Intact Financial (TSE:IFC) had its target price boosted by TD Securities from C$120.00 to C$125.00 in a report published on Wednesday, May 8th, BayStreet.CA reports. They currently have a buy rating on the stock.
A number of other research analysts also recently commented on the company. Raymond James set a C$119.00 target price on Intact Financial and gave the company an outperform rating in a research note on Friday, May 3rd. Royal Bank of Canada boosted their target price on Intact Financial from C$115.00 to C$120.00 and gave the company an outperform rating in a research note on Tuesday, April 9th. Desjardins boosted their target price on Intact Financial from C$104.00 to C$111.00 in a research note on Friday, February 22nd. Keefe, Bruyette & Woods boosted their target price on Intact Financial from C$110.00 to C$112.00 in a research note on Friday, February 8th. Finally, CIBC boosted their target price on Intact Financial from C$115.00 to C$120.00 in a research note on Thursday, February 7th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of C$118.45.
TSE IFC traded down C$0.38 on Wednesday, reaching C$116.21. The stock had a trading volume of 270,896 shares, compared to its average volume of 263,684. The company has a debt-to-equity ratio of 32.96, a current ratio of 0.28 and a quick ratio of 0.21. Intact Financial has a 1 year low of C$91.65 and a 1 year high of C$119.40. The company has a market capitalization of $16.39 billion and a P/E ratio of 22.47.
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.
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