Intact Financial (TSE:IFC – Get Free Report) had its target price dropped by research analysts at Canadian Imperial Bank of Commerce from C$314.00 to C$311.00 in a research note issued on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s price objective would suggest a potential upside of 11.49% from the company’s current price.
IFC has been the topic of several other research reports. Royal Bank Of Canada raised their price target on shares of Intact Financial from C$289.00 to C$299.00 and gave the company a “sector perform” rating in a report on Monday, July 13th. Raymond James Financial decreased their price objective on shares of Intact Financial from C$310.00 to C$305.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Desjardins dropped their price objective on shares of Intact Financial from C$305.00 to C$300.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Jefferies Financial Group raised their target price on shares of Intact Financial from C$343.00 to C$351.00 and gave the company a “buy” rating in a research note on Monday. Finally, Barclays reduced their target price on shares of Intact Financial from C$352.00 to C$344.00 and set an “overweight” rating on the stock in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Intact Financial has an average rating of “Moderate Buy” and a consensus price target of C$331.09.
Read Our Latest Stock Analysis on IFC
Intact Financial Trading Down 2.1%
Intact Financial (TSE:IFC – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported C$4.33 earnings per share for the quarter. Intact Financial had a return on equity of 16.93% and a net margin of 12.76%.The business had revenue of C$5.94 billion for the quarter. As a group, equities analysts expect that Intact Financial will post 16.1721014 earnings per share for the current fiscal year.
Key Intact Financial News
Here are the key news stories impacting Intact Financial this week:
- Positive Sentiment: Analysts remain constructive on Intact Financial. Barclays maintained its Buy rating, while TD Securities kept a Buy rating and Barclays retained an Overweight rating. Their revised price targets of C$345 and C$344, respectively, still implied roughly 21% upside from the recently cited C$284.80 share price. Barclays Keeps Their Buy Rating on Intact Financial Corporation
- Positive Sentiment: Jefferies and National Bank Financial also reportedly forecast meaningful appreciation for IFC, reinforcing the view that the insurer’s long-term earnings and valuation outlook remains favorable. Jefferies outlook for Intact Financial National Bank Financial outlook for Intact Financial
- Neutral Sentiment: Intact reported Q2 2026 revenue of C$5.94 billion, earnings per share of C$4.33, a 16.93% return on equity and a 12.76% net margin. The earnings call provided investors with additional management commentary on the quarter and outlook. Intact Financial Q2 2026 results Intact Financial Q2 2026 earnings call transcript
- Negative Sentiment: Q2 profit fell to approximately C$720 million from C$867 million a year earlier. The year-over-year earnings decline likely pressured the stock, even though revenue and profitability metrics remained substantial. Intact Financial reports lower Q2 profit
- Negative Sentiment: TD and Barclays both reduced their price targets modestly—from C$347 to C$345 and from C$352 to C$344. Although their ratings remain positive, the cuts signal somewhat less near-term upside than previously expected. Analyst ratings for Intact Financial
Intact Financial Company Profile
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities.
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