Barclays Boosts Intact Financial (IFC) Price Target to C$110.00

Intact Financial (TSE:IFC) had its target price lifted by Barclays from C$109.00 to C$110.00 in a research report released on Tuesday morning.

IFC has been the subject of several other reports. TD Securities lifted their price objective on Intact Financial from C$110.00 to C$115.00 and gave the stock a hold rating in a research report on Wednesday, November 8th. National Bank Financial lifted their price objective on Intact Financial from C$105.00 to C$112.00 and gave the stock a sector perform rating in a research report on Monday, November 6th. Scotiabank cut their price objective on Intact Financial from C$110.00 to C$107.00 and set a sector perform rating for the company in a research report on Thursday, November 9th. Desjardins downgraded Intact Financial from a hold rating to a sell rating and lifted their price objective for the stock from C$98.00 to C$100.00 in a research report on Monday, October 2nd. Finally, Royal Bank of Canada lifted their target price on shares of Intact Financial from C$109.00 to C$110.00 and gave the stock a sector perform rating in a research note on Wednesday, November 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of C$109.70.

Intact Financial (TSE:IFC) opened at C$102.10 on Tuesday. Intact Financial has a 12-month low of C$91.40 and a 12-month high of C$109.33. The stock has a market capitalization of $14,210.00, a P/E ratio of 18.84 and a beta of 0.28.

Intact Financial (TSE:IFC) last issued its quarterly earnings data on Tuesday, November 7th. The company reported C$1.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.57 by C$0.04. Intact Financial had a return on equity of 10.89% and a net margin of 7.86%.

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About Intact Financial

Intact Financial Corporation is a holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers a range of car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto.

Analyst Recommendations for Intact Financial (TSE:IFC)

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