Intact Financial (IFC) Price Target Raised to C$119.00

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Intact Financial (TSE:IFC) had its price objective boosted by BMO Capital Markets from C$118.00 to C$119.00 in a report issued on Thursday. BMO Capital Markets currently has an average rating on the stock.

IFC has been the topic of a number of other reports. National Bank Financial lifted their price objective on shares of Intact Financial from C$103.00 to C$106.00 and gave the stock a sector perform rating in a report on Wednesday, November 7th. CIBC lifted their price objective on shares of Intact Financial from C$110.00 to C$115.00 in a report on Wednesday, November 7th. TD Securities lifted their price objective on shares of Intact Financial from C$115.00 to C$120.00 and gave the stock a buy rating in a report on Wednesday, November 7th. Royal Bank of Canada cut their price objective on shares of Intact Financial from C$117.00 to C$115.00 and set an average rating on the stock in a report on Tuesday, January 15th. Finally, Raymond James lifted their price objective on shares of Intact Financial from C$109.00 to C$110.00 and gave the stock an outperform rating in a report on Friday, October 26th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of C$113.73.

IFC opened at C$111.42 on Thursday. The company has a current ratio of 0.31, a quick ratio of 0.25 and a debt-to-equity ratio of 27.76. The firm has a market cap of $15.51 billion and a price-to-earnings ratio of 23.64. Intact Financial has a 1 year low of C$91.65 and a 1 year high of C$113.40.

Intact Financial Company Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.

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Analyst Recommendations for Intact Financial (TSE:IFC)

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