Intact Financial Co. (OTCMKTS:IFCZF – Get Free Report)’s stock price rose 8.4% during mid-day trading on Thursday. The company traded as high as $202.50 and last traded at $202.50. 105 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 24,629 shares. The stock had previously closed at $186.74.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on IFCZF. Barclays restated an “overweight” rating on shares of Intact Financial in a research report on Wednesday, July 29th. Scotiabank reiterated an “outperform” rating on shares of Intact Financial in a research report on Wednesday, October 7th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Intact Financial in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Intact Financial in a report on Friday, July 10th. Finally, TD Securities restated a “buy” rating on shares of Intact Financial in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Report on Intact Financial
Intact Financial Trading Up 0.1%
The stock has a market capitalization of $35.51 billion and a P/E ratio of 17.21. The company has a fifty day simple moving average of $182.80 and a two-hundred day simple moving average of $190.82.
About Intact Financial
Intact Financial Corporation is a Canada-based provider of property and casualty insurance. Through its subsidiaries and operating brands, the company offers personal, commercial and specialty insurance products covering automobiles, homes, businesses, marine risks and other property and liability exposures.
In Canada, Intact serves customers through broker distribution as well as direct-to-consumer brands, including Intact Insurance and belairdirect. Its operations also include BrokerLink, a network of insurance brokerages, and services supporting claims and property restoration.
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