Intact Financial (IFC) PT Raised to C$125.00 at TD Securities

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.

About Intact Financial

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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Analyst Recommendations for Intact Financial (TSE:IFC)

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