Intact Financial Co. (TSE:IFC) – Analysts at Cormark boosted their FY2019 EPS estimates for shares of Intact Financial in a research note issued to investors on Tuesday. Cormark analyst M. Grauman now expects that the company will post earnings of $7.79 per share for the year, up from their prior forecast of $7.78.
COPYRIGHT VIOLATION WARNING: “FY2019 EPS Estimates for Intact Financial Co. (IFC) Lifted by Cormark” was originally posted by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this report can be accessed at https://www.com-unik.info/2017/11/03/fy2019-eps-estimates-for-intact-financial-co-ifc-lifted-by-cormark.html.
Several other analysts have also recently issued reports on IFC. Desjardins upped their price objective on Intact Financial from C$96.00 to C$98.00 in a report on Wednesday, August 2nd. BMO Capital Markets set a C$110.00 price objective on Intact Financial and gave the stock an “outperform” rating in a report on Thursday, August 3rd. Raymond James Financial, Inc. upped their price objective on Intact Financial from C$102.00 to C$104.00 and gave the stock a “market perform” rating in a report on Thursday, August 3rd. TD Securities increased their price target on Intact Financial from C$105.00 to C$110.00 and gave the company a “buy” rating in a report on Thursday, October 12th. Finally, Barclays PLC increased their price target on Intact Financial from C$100.00 to C$109.00 in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of C$106.40.
Shares of Intact Financial (TSE IFC) traded up C$0.73 on Wednesday, hitting C$106.38. The stock had a trading volume of 86,494 shares.
In other Intact Financial news, insider Jean-François Desautels sold 1,420 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of C$99.51, for a total value of C$141,304.20.
Intact Financial Company Profile
Intact Financial Corporation is a holding company, which provides property and casualty (P&C) insurance. The Company operates through P&C insurance operations segment. It offers a range of car, home and business insurance products, including personal auto, personal property, commercial P&C and commercial auto.
What are top analysts saying about Intact Financial Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Intact Financial Co. and related companies.