Intact Financial Co. (TSE:IFC) has earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$127.64.

A number of research firms recently commented on IFC. Raymond James set a C$133.00 target price on shares of Intact Financial and gave the stock a “market perform” rating in a report on Wednesday, August 7th. National Bank Financial boosted their target price on shares of Intact Financial from C$110.00 to C$124.00 and gave the stock a “sector perform” rating in a report on Monday, July 29th. TD Securities dropped their target price on shares of Intact Financial from C$140.00 to C$135.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. CIBC boosted their target price on shares of Intact Financial from C$120.00 to C$134.00 and gave the stock a “neutral” rating in a report on Friday, July 19th. Finally, Royal Bank of Canada downgraded shares of Intact Financial from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$122.00 to C$135.00 in a report on Monday, July 22nd.

In other news, Senior Officer Joseph D’annunzio sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of C$118.61, for a total transaction of C$118,610.00. Following the sale, the insider now owns 4,730 shares in the company, valued at C$561,025.30.

Shares of IFC stock traded down C$1.49 during midday trading on Wednesday, reaching C$123.78. 323,073 shares of the company were exchanged, compared to its average volume of 265,408. Intact Financial has a 12 month low of C$95.75 and a 12 month high of C$127.27. The stock has a market capitalization of $17.48 billion and a P/E ratio of 23.80. The business has a 50 day simple moving average of C$124.28. The company has a debt-to-equity ratio of 32.92, a quick ratio of 0.23 and a current ratio of 0.30.

About Intact Financial

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.

Featured Story: What are the Benefits of Index Funds?

Analyst Recommendations for Intact Financial (TSE:IFC)

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