Shares of Intact Financial Co. (TSE:IFC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $124.95. Intact Financial shares last traded at $123.54, with a volume of 92,667 shares changing hands.
Several equities analysts recently commented on the stock. National Bank Financial set a C$121.00 target price on shares of Intact Financial and gave the company a “sector perform” rating in a report on Friday. Keefe, Bruyette & Woods increased their target price on shares of Intact Financial from C$122.00 to C$125.00 in a report on Friday. UBS Group increased their target price on shares of Intact Financial from C$122.00 to C$133.00 in a report on Tuesday, June 18th. BMO Capital Markets increased their target price on shares of Intact Financial from C$123.00 to C$134.00 in a report on Thursday, August 1st. Finally, Raymond James set a C$133.00 target price on shares of Intact Financial and gave the company a “market perform” rating in a report on Wednesday, August 7th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of C$128.27.
The firm has a market cap of $17.48 billion and a P/E ratio of 23.94. The company has a current ratio of 0.30, a quick ratio of 0.23 and a debt-to-equity ratio of 32.92. The business’s fifty day simple moving average is C$124.45 and its 200-day simple moving average is C$115.75.
In other Intact Financial news, Senior Officer Joseph D’annunzio sold 1,000 shares of the firm’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of C$118.61, for a total value of C$118,610.00. Following the sale, the insider now owns 4,730 shares of the company’s stock, valued at approximately C$561,025.30.
About Intact Financial (TSE:IFC)
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.
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