Breaking Finance News

National Bank Financial announced Intact Financial Corporation (TSE:IFC), dropping its stock price target to $98.00 today

In a report released on 10/18/2016 National Bank Financial reduced the stock price target of Intact Financial Corporation (TSE:IFC) from $99.00 to $98.00 reporting a possible upside of 0%.

Previously on 7/18/2016, TD Securities released a statement about Intact Financial Corporation (TSE:IFC) increased the target price from $0.00 to $94.00. At the time, this indicated a possible upside of 0.04%.

Just yesterday Intact Financial Corporation (TSE:IFC) traded -0.72% lower at $0.00. Intact Financial Corporation’s 50-day moving average is $94.32 and its 200-day moving average is $91.95. The last stock price is down 0.75% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 139,528 shares of IFC traded hands, down from an average trading volume of 158,008

Recent Performance Chart

Intact Financial Corporation (TSE:IFC)

Intact Financial Corporation has 52 week low of $77.49 and a 52 week high of $97.20 with a PE ratio of 22.02 and has a market capitalization of $0.

In addition to National Bank Financial reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is $77.02 with 0 brokerages rating the stock a strong buy, 9 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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