Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) had its price objective boosted by TD Securities from C$66.00 to C$68.00 in a research report report published on Thursday morning. TD Securities currently has a buy rating on the stock.

IAG has been the subject of several other reports. Royal Bank Of Canada lifted their target price on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the stock a sector perform rating in a research report on Friday, August 4th. BMO Capital Markets decreased their target price on Industrial Alliance Insur. & Fin. Ser. to C$66.00 and set an outperform rating for the company in a research report on Thursday. National Bank Financial lifted their target price on Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$64.00 and gave the stock an outperform rating in a research report on Thursday. Scotiabank reiterated a sector perform rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday, August 3rd. Finally, CSFB lifted their price objective on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$60.00 in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of C$63.22.

Shares of Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) opened at C$60.17 on Thursday. Industrial Alliance Insur. & Fin. Ser. has a 52-week low of C$48.74 and a 52-week high of C$61.73.

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The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a $0.38 dividend. This is an increase from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend is Wednesday, November 22nd. Industrial Alliance Insur. & Fin. Ser.’s payout ratio is presently 26.48%.

In other news, Director Yvon Charest bought 1,200 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction on Thursday, September 7th. The stock was acquired at an average cost of C$52.46 per share, for a total transaction of C$62,952.00. Also, insider RenĂ©e Laflamme sold 5,000 shares of the business’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of C$53.04, for a total transaction of C$265,200.00. Insiders purchased 10,200 shares of company stock valued at $356,147 over the last 90 days.

Industrial Alliance Insur. & Fin. Ser. Company Profile

Analyst Recommendations for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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