Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) Price Target Raised to C$65.00

Share on StockTwits

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) had its price target raised by TD Securities from C$62.00 to C$65.00 in a research note published on Friday, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Several other equities research analysts have also weighed in on the company. National Bank Financial lifted their price objective on Industrial Alliance Insur. & Fin. Ser. from C$54.00 to C$55.00 and gave the stock a sector perform rating in a report on Friday. Canaccord Genuity lifted their price objective on Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$63.00 in a report on Monday, April 29th. Finally, Royal Bank of Canada decreased their price objective on Industrial Alliance Insur. & Fin. Ser. from C$66.00 to C$64.00 and set an outperform rating for the company in a report on Friday, May 10th.

Shares of IAG opened at C$54.19 on Friday. The business has a 50-day moving average price of C$53.48. Industrial Alliance Insur. & Fin. Ser. has a fifty-two week low of C$41.32 and a fifty-two week high of C$54.88. The stock has a market cap of $5.88 billion and a price-to-earnings ratio of 9.11. The company has a current ratio of 0.65, a quick ratio of 0.36 and a debt-to-equity ratio of 33.16.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$1.28 earnings per share for the quarter, missing the consensus estimate of C$1.32 by C($0.04). The company had revenue of C$4.93 billion during the quarter. As a group, sell-side analysts predict that Industrial Alliance Insur. & Fin. Ser. will post 4.89 EPS for the current year.

About Industrial Alliance Insur. & Fin. Ser.

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.

See Also: Outstanding Shares and The Effect on Share Price

Receive News & Ratings for Industrial Alliance Insur. & Fin. Ser. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industrial Alliance Insur. & Fin. Ser. and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Keybank National Association OH Purchases Shares of 15,561 Silgan Holdings Inc.
Keybank National Association OH Purchases Shares of 15,561 Silgan Holdings Inc.
Keybank National Association OH Acquires New Stake in CBIZ, Inc.
Keybank National Association OH Acquires New Stake in CBIZ, Inc.
Keybank National Association OH Grows Stock Position in Antero Midstream GP LP
Keybank National Association OH Grows Stock Position in Antero Midstream GP LP
Keybank National Association OH Trims Stake in Vanguard Value ETF
Keybank National Association OH Trims Stake in Vanguard Value ETF
Keybank National Association OH Purchases 2,905 Shares of iShares Edge MSCI USA Value Factor ETF
Keybank National Association OH Purchases 2,905 Shares of iShares Edge MSCI USA Value Factor ETF
Keybank National Association OH Lowers Stake in TransUnion
Keybank National Association OH Lowers Stake in TransUnion


© 2006-2019 Ticker Report