Intact Financial Co. (TSE:IFC) has earned an average recommendation of “Buy” from the ten brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$111.40.

Several research analysts recently weighed in on the company. Raymond James increased their target price on Intact Financial from C$107.00 to C$109.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 1st. Barclays cut their target price on Intact Financial from C$110.00 to C$106.00 in a research report on Friday, July 20th. BMO Capital Markets increased their target price on Intact Financial from C$114.00 to C$117.00 in a research report on Thursday, August 2nd. National Bank Financial increased their target price on Intact Financial from C$100.00 to C$103.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 1st. Finally, CIBC increased their target price on Intact Financial from C$110.00 to C$115.00 in a research report on Wednesday.

In related news, insider Lucie Martel sold 1,430 shares of the stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of C$105.14, for a total value of C$150,350.20. Over the last quarter, insiders sold 1,630 shares of company stock valued at $170,954.

Shares of IFC traded up C$1.04 during trading hours on Monday, hitting C$105.04. The stock had a trading volume of 278,300 shares, compared to its average volume of 229,160. The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 29.06. Intact Financial has a 12-month low of C$91.65 and a 12-month high of C$109.33.

About Intact Financial

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.

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Analyst Recommendations for Intact Financial (TSE:IFC)

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