Yvon Charest Sells 36,000 Shares of Industrial Alliance Insur. & Fin. Ser. (IAG) Stock

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) Director Yvon Charest sold 36,000 shares of the business’s stock in a transaction on Thursday, March 16th. The stock was sold at an average price of C$59.00, for a total transaction of C$2,124,000.00.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) opened at 57.49 on Tuesday. Industrial Alliance Insur. & Fin. Ser. has a 1-year low of $36.82 and a 1-year high of $59.41. The stock has a market capitalization of $6.11 billion and a price-to-earnings ratio of 11.08. The firm’s 50-day moving average is $57.01 and its 200 day moving average is $53.55.

Insider Buying and Selling by Quarter for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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Several research analysts have commented on IAG shares. BMO Capital Markets lifted their price objective on shares of Industrial Alliance Insur. & Fin. Ser. from C$56.00 to C$64.00 in a research note on Monday, January 16th. TD Securities lifted their price objective on shares of Industrial Alliance Insur. & Fin. Ser. from C$55.00 to C$61.00 and gave the stock a “hold” rating in a research note on Friday, January 13th. Desjardins lowered shares of Industrial Alliance Insur. & Fin. Ser. from a “buy” rating to a “hold” rating and lifted their price objective for the stock from C$56.00 to C$59.00 in a research note on Tuesday, December 6th. CIBC lifted their price objective on shares of Industrial Alliance Insur. & Fin. Ser. from C$54.00 to C$62.00 in a research note on Thursday, December 15th. Finally, Canaccord Genuity lifted their price objective on shares of Industrial Alliance Insur. & Fin. Ser. from C$53.00 to C$56.00 in a research note on Friday, January 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Industrial Alliance Insur. & Fin. Ser. currently has an average rating of “Hold” and an average price target of C$57.70.

Industrial Alliance Insur. & Fin. Ser. Company Profile

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