Desjardins Increases Intact Financial (OTCMKTS:IFCZF) Price Target to C$215.00

Intact Financial (OTCMKTS:IFCZFGet Rating) had its price target raised by Desjardins from C$210.00 to C$215.00 in a report issued on Tuesday, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. Raymond James boosted their price objective on shares of Intact Financial from C$206.00 to C$229.00 in a research report on Tuesday. Royal Bank of Canada boosted their price objective on shares of Intact Financial from C$216.00 to C$219.00 in a research report on Friday, July 29th. Barclays started coverage on shares of Intact Financial in a research report on Thursday, May 5th. They issued an overweight rating on the stock. TD Securities boosted their price objective on shares of Intact Financial from C$215.00 to C$220.00 in a research report on Friday, July 29th. Finally, Scotiabank boosted their price objective on shares of Intact Financial from C$195.00 to C$210.00 in a research report on Tuesday. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Buy and a consensus price target of $216.70.

Intact Financial Price Performance

Shares of IFCZF stock opened at $147.93 on Tuesday. Intact Financial has a 12-month low of $123.42 and a 12-month high of $152.57. The firm has a fifty day moving average of $142.52 and a 200-day moving average of $141.99.

Intact Financial Company Profile

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Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner occupied residences, and seasonal residences.

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