A statement released earlier today by RBC Capital Markets about Intact Financial Corporation (TSE:IFC) bumps down the target price to $103.00
- Updated: February 12, 2017
Having a price of $94.56, Intact Financial Corporation (TSE:IFC) traded 1.53% higher on the day. With the last stock price up 1.90% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. IFC has recorded a 50-day average of $94.90 and a two hundred day average of $93.79. Trade Volume was up over the average, with 272,334 shares of IFC changing hands over the typical 214,810
RBC Capital Markets dropped the stock price target of Intact Financial Corporation (TSE:IFC) to $103.00 reporting a possible upside of 0.09%.
On 2/7/2017, Scotia Capital released a statement about Intact Financial Corporation (TSE:IFC) upped the target price from $102.00 to $105.00 that suggested an upside of 0.10%.
Recent Performance Chart
Intact Financial Corporation has PE ratio of 22.95 with a one year low of $84.10 and a one year high of $97.47 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update on Intact Financial Corporation. zero brokerages rating the company a strong buy, nine brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $77.13.
General Company Details For Intact Financial Corporation (TSE:IFC)
Intact Financial Corp is a Canada-based holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto. It offers various levels of coverage to customers for their liability, personal injury and damage to their vehicles through personal auto. Its coverage is also available for motor homes, recreational vehicles and others. Under personal property, it covers individuals for fire, theft and other damages to both their residences and its contents, as well as personal liability coverage. Under commercial P&C, it offers coverage to a group of small and medium-sized businesses, including commercial landlords, manufacturers, retailers, transportation businesses, agriculture businesses and service providers. Under commercial auto, it provides the same type of coverage as personal auto category.
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