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

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have earned an average rating of “Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation.

Several brokerages recently commented on IFCZF. TD Securities restated a “buy” rating on shares of Intact Financial in a report on Wednesday, February 11th. Scotiabank restated an “outperform” rating on shares of Intact Financial in a research note on Friday, January 30th. Finally, Barclays restated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th.

Intact Financial Stock Up 0.5%

IFCZF stock opened at $191.66 on Monday. Intact Financial has a fifty-two week low of $180.00 and a fifty-two week high of $256.31. The business has a 50-day moving average of $195.77 and a 200-day moving average of $196.29.

Intact Financial (OTCMKTS:IFCZF) last released its earnings results on Tuesday, February 10th. The company reported $3.95 EPS for the quarter, missing the consensus estimate of $4.65 by ($0.70). The business had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $5.93 billion.

Intact Financial Company Profile

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.