Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Equities research analysts at Desjardins increased their FY2018 earnings per share estimates for shares of Industrial Alliance Insur. & Fin. Ser. in a research note issued on Thursday. Desjardins analyst D. Young now forecasts that the company will post earnings of $5.25 per share for the year, up from their previous forecast of $5.20.

A number of other equities analysts have also issued reports on the company. Royal Bank Of Canada upped their target price on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a research report on Friday. Scotiabank reaffirmed a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday. TD Securities raised Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, ValuEngine lowered Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of C$59.11.

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In other news, insider Normand Pépin sold 52,000 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of C$54.00, for a total value of C$2,808,000.00. Also, Director Carl Andrew Mustos purchased 1,700 shares of the stock in a transaction dated Wednesday, May 17th. The stock was purchased at an average price of C$50.52 per share, with a total value of C$85,884.00. Over the last quarter, insiders bought 5,700 shares of company stock valued at $290,884 and sold 114,000 shares valued at $6,184,280.

Industrial Alliance Insur. & Fin. Ser. Company Profile

Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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