Raymond James Increases Intact Financial (OTCMKTS:IFCZF) Price Target to C$229.00

Intact Financial (OTCMKTS:IFCZF – Get Rating) had its price objective lifted by Raymond James from C$206.00 to C$229.00 in a report published on Tuesday morning, The Fly reports.

Several other analysts have also recently weighed in on IFCZF. Royal Bank of Canada raised their target price on shares of Intact Financial from C$216.00 to C$219.00 in a report on Friday, July 29th. TD Securities raised their target price on shares of Intact Financial from C$215.00 to C$220.00 in a report on Friday, July 29th. Scotiabank raised their target price on shares of Intact Financial from C$195.00 to C$210.00 in a report on Tuesday. National Bank Financial reduced their target price on shares of Intact Financial from C$230.00 to C$227.00 in a report on Monday, July 25th. Finally, Desjardins raised their target price on shares of Intact Financial from C$205.00 to C$210.00 in a report on Friday, May 13th. Eight analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of Buy and an average price target of $216.70.

Intact Financial Price Performance

Shares of IFCZF opened at $147.93 on Tuesday. The company’s 50-day simple moving average is $142.52 and its 200-day simple moving average is $141.99. Intact Financial has a 1 year low of $123.42 and a 1 year high of $152.57.

Intact Financial Company Profile

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Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.