Intact Financial Co. (OTCMKTS:IFCZF) Given Average Rating of “Buy” by Analysts

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have earned a consensus rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating.

A number of research firms have recently weighed in on IFCZF. Jefferies Financial Group raised Intact Financial to a “buy” rating in a research note on Tuesday, October 21st. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a research report on Friday. National Bankshares reissued an “outperform” rating on shares of Intact Financial in a research report on Monday, October 27th. Finally, Barclays restated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th.

Intact Financial Trading Down 0.5%

IFCZF stock opened at $182.32 on Thursday. Intact Financial has a 12 month low of $175.76 and a 12 month high of $256.31. The company has a fifty day moving average price of $199.48 and a 200 day moving average price of $199.26.

About Intact Financial

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.