Intact Financial Co. (OTCMKTS:IFCZF) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several equities research analysts recently weighed in on IFCZF shares. TD Securities restated a “buy” rating on shares of Intact Financial in a research note on Wednesday, July 29th. Scotiabank reiterated an “outperform” rating on shares of Intact Financial in a research note on Friday, July 24th. Barclays reissued an “overweight” rating on shares of Intact Financial in a report on Wednesday, July 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Intact Financial in a report on Thursday, July 30th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Intact Financial in a research report on Friday, July 10th.

Intact Financial Stock Performance

OTCMKTS:IFCZF opened at $177.12 on Wednesday. Intact Financial has a 1 year low of $174.43 and a 1 year high of $226.09. The stock has a market cap of $31.15 billion and a P/E ratio of 13.61. The stock has a 50-day simple moving average of $193.99 and a 200-day simple moving average of $193.47.

About Intact Financial

Intact Financial Corporation is a Canadian property and casualty insurance company headquartered in Toronto, Ontario. Through its operating subsidiaries and brands, the company provides insurance products for individuals, businesses and specialty markets, with offerings that include automobile, home, commercial property, liability and other specialty coverages.

In Canada, Intact serves customers through direct-to-consumer brands such as Intact Insurance and belairdirect, as well as through broker distribution networks including BrokerLink.