Intact Financial (TSE:IFC) had its price objective dropped by Scotiabank from C$111.00 to C$110.00 in a research report issued on Thursday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 11.49% from the stock’s current price.

A number of other equities analysts have also weighed in on IFC. TD Securities boosted their price target on shares of Intact Financial from C$105.00 to C$110.00 and gave the stock a “buy” rating in a research report on Thursday, October 12th. Raymond James Financial upgraded shares of Intact Financial from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from C$104.00 to C$110.00 in a research report on Thursday, October 19th. Barclays boosted their price target on shares of Intact Financial from C$100.00 to C$109.00 in a research report on Friday, October 20th. CIBC lowered shares of Intact Financial from an “outperform” rating to a “neutral” rating and boosted their price target for the stock from C$106.00 to C$113.00 in a research report on Friday, October 27th. Finally, National Bank Financial boosted their price target on shares of 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Intact Financial has an average rating of “Hold” and a consensus target price of C$107.90.

Intact Financial (IFC) traded up C$0.15 on Thursday, reaching C$98.66. 286,745 shares of the company were exchanged, compared to its average volume of 216,197. The firm has a market capitalization of $13,710.00, a price-to-earnings ratio of 17.18 and a beta of 0.28. Intact Financial has a 52-week low of C$91.41 and a 52-week high of C$109.33.

Intact Financial (TSE:IFC) last posted its quarterly earnings results on Tuesday, November 7th. The company reported C$1.61 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.57 by C$0.04. The firm had revenue of C$2.22 billion for the quarter, compared to analyst estimates of C$2.17 billion. Intact Financial had a net margin of 7.86% and a return on equity of 10.89%.

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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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