Intact Financial Co. (TSE:IFC) Given Consensus Rating of “Buy” by Analysts

Intact Economical Co. (TSE:IFC) has obtained an common recommendation of “Acquire” from the thirteen brokerages that are presently covering the corporation, MarketBeat studies. 8 analysts have rated the inventory with a obtain suggestion and two have issued a powerful buy recommendation on the organization. The average 12 thirty day period price objective amongst brokers that have covered the stock in the last yr is C$198.40.

Various investigation analysts have not long ago weighed in on the inventory. UBS Team boosted their price tag objective on shares of Intact Fiscal from C$187.00 to C$190.00 and gave the firm a “solid-get” ranking in a report on Wednesday, January 12th. Scotiabank boosted their price tag aim on shares of Intact Fiscal from C$196.00 to C$198.00 in a report on Thursday. Royal Lender of Canada decreased their value goal on shares of Intact Fiscal from C$197.00 to C$195.00 and established an “outperform” rating for the corporation in a report on Wednesday, Oct 13th. Cormark upped their goal value on shares of Intact Economic from C$187.00 to C$197.00 and gave the business a “get” ranking in a report on Thursday. Lastly, BMO Capital Markets upped their focus on cost on shares of Intact Money from C$200.00 to C$205.00 in a report on Friday, November 12th.

Shares of Intact Fiscal stock opened at C$175.13 on Friday. The enterprise has a credit card debt-to-fairness ratio of 37.08, a brief ratio of .29 and a current ratio of .47. The corporation has a 50-working day uncomplicated moving common of C$164.34 and a two-hundred day uncomplicated transferring regular of C$167.71. Intact Monetary has a 52-week small of C$140.50 and a 52-week substantial of C$178.28. The inventory has a market capitalization of C$30.84 billion and a PE ratio of 15.87.

Intact Monetary (TSE:IFC) previous launched its quarterly earnings data on Tuesday, November 9th. The company documented C$2.87 earnings per share for the quarter, beating the consensus estimate of C$1.95 by C$.92. The company had earnings of C$5.35 billion for the quarter. As a team, equities investigate analysts forecast that Intact Money will publish 11.0999999 EPS for the current fiscal 12 months.

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About Intact Economic

Intact Money Company, via its subsidiaries, gives home and casualty insurance coverage solutions to people today and enterprises in Canada and the United States. It gives private vehicle insurance plan coverage for motor properties, recreational cars, bikes, snowmobiles, and all-terrain cars personal residence insurance policies, these types of as security for residences and contents from threats, such as hearth, theft, vandalism, water harm, and other damages, as effectively as personalized liability protection and house coverage for tenants, condominium proprietors, non-operator occupied residences, and seasonal residences.

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Analyst Recommendations for Intact Financial (TSE:IFC)

This instantaneous information alert was created by narrative science know-how and fiscal info from MarketBeat in get to supply visitors with the quickest and most precise reporting. This story was reviewed by MarketBeat’s editorial crew prior to publication. Remember to send any queries or opinions about this tale to [email protected]

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