Intact Financial Co. (TSE:IFC) Receives Consensus Rating of “Moderate Buy” from Analysts

Intact Monetary Co. (TSE:IFC – Get Score) has gained an common ranking of “Obtain” from the ten brokerages that are masking the enterprise, MarketBeat.com experiences. Four analysts have rated the stock with a buy ranking. The regular 12-month target selling price amid brokerages that have issued scores on the stock in the past year is C$226.00.

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Numerous equities analysis analysts recently commented on IFC shares. TD Securities slash their selling price target on Intact Fiscal from C$235.00 to C$225.00 and established a “invest in” score for the organization in a report on Wednesday, February 8th. Royal Bank of Canada elevated their price tag target on Intact Financial from C$225.00 to C$231.00 in a report on Friday, January 13th. UBS Group slash their cost goal on Intact Monetary from C$211.00 to C$209.00 in a report on Monday, November 14th. Scotiabank amplified their cost target on Intact Monetary from C$231.00 to C$235.00 in a report on Monday, February 6th. At last, BMO Funds Marketplaces lowered their price tag goal on Intact Monetary from C$230.00 to C$220.00 in a analysis report on Thursday, November 10th.

Intact Economic Price Efficiency

Shares of Intact Financial inventory opened at C$200.29 on Thursday. The business enterprise has a 50 working day basic transferring ordinary of C$197.43 and a two-hundred day uncomplicated relocating average of C$197.17. Intact Financial has a 12 month minimal of C$170.82 and a 12 thirty day period superior of C$209.57. The stock has a market capitalization of C$35.10 billion and a P/E ratio of 13.02. The business has a financial debt-to-fairness ratio of 35.10, a current ratio of .43 and a quick ratio of .28.

Intact Financial Improves Dividend

The company also not long ago disclosed a quarterly dividend, which will be paid out on Friday, March 31st. Investors of report on Wednesday, March 15th will be supplied a $1.10 dividend. This represents a $4.40 annualized dividend and a generate of 2.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a positive transform from Intact Financial’s prior quarterly dividend of $1.00. The ex-dividend day is Tuesday, March 14th. Intact Financial’s dividend payout ratio is presently 25.42{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Intact Monetary

(Get Score)

Intact Money Company, via its subsidiaries, provides residence and casualty insurance coverage merchandise to men and women and organizations in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Center East. It provides personalized automobile coverage insurance plan for motor households, recreational autos, bikes, snowmobiles, and all-terrain cars personalized assets insurance policy, these types of as security for residences and contents from pitfalls, together with hearth, theft, vandalism, water injury, and other damages, as properly as personalized liability protection and home coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.

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Analyst Recommendations for Intact Financial (TSE:IFC)

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