BMO Capital Markets reaffirmed their outperform rating on shares of Intact Financial Co. (TSE:IFC) in a report released on Thursday, StockTargetPrices.com reports. They currently have a C$104.00 price target on the stock.

IFC has been the subject of several other research reports. Royal Bank of Canada lowered shares of Intact Financial from an outperform rating to a sector perform rating and dropped their price objective for the stock from C$108.00 to C$107.00 in a report on Monday, January 9th. Scotiabank reissued an outperform rating and set a C$105.00 price target on shares of Intact Financial in a research report on Thursday, February 16th. Keefe, Bruyette & Woods started coverage on shares of Intact Financial in a research report on Thursday, April 6th. They set a market perform rating and a C$101.00 price target on the stock. TD Securities reissued a hold rating and set a C$100.00 price target on shares of Intact Financial in a research report on Friday, January 27th. Finally, Desjardins boosted their price objective on shares of Intact Financial from C$94.00 to C$96.00 and gave the company a hold rating in a research report on Wednesday, February 1st. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Intact Financial presently has a consensus rating of Hold and an average price target of C$100.80.

Shares of Intact Financial (TSE:IFC) traded up 0.02% on Thursday, hitting $94.77. The company’s stock had a trading volume of 120,682 shares. Intact Financial has a 52 week low of $84.88 and a 52 week high of $97.56. The stock’s 50 day moving average price is $94.56 and its 200 day moving average price is $94.12. The stock has a market capitalization of $12.42 billion and a P/E ratio of 23.87.



TRADEMARK VIOLATION NOTICE: This news story was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/04/21/intact-financials-ifc-outperform-rating-reaffirmed-at-bmo-capital-markets-updated.html.

In related news, Director Yves Brouillette sold 12,500 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of C$94.47, for a total value of C$1,180,875.00. Also, insider Mark Alan Tullis sold 1,000 shares of the company’s stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of C$95.77, for a total transaction of C$95,770.00. In the last quarter, insiders sold 17,238 shares of company stock worth $1,632,517.

Intact Financial Company Profile

Intact Financial Corporation is a holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers a range of car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto.

Stock Target Prices

Receive News & Stock Ratings for Intact Financial Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intact Financial Co. and related stocks with our FREE daily email newsletter.