Intact Financial Co. (OTCMKTS:IFCZF) Receives Average Rating of “Buy” from Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has earned an average recommendation of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating.

A number of equities research analysts have weighed in on IFCZF shares. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a report on Friday, January 30th. TD Securities reiterated a “buy” rating on shares of Intact Financial in a research note on Wednesday, February 11th.

Intact Financial Stock Performance

Shares of IFCZF stock opened at $184.21 on Tuesday. The stock’s fifty day moving average price is $186.56 and its two-hundred day moving average price is $192.77. The company has a market cap of $32.67 billion and a PE ratio of 14.00. Intact Financial has a fifty-two week low of $174.43 and a fifty-two week high of $256.31.

Intact Financial (OTCMKTS:IFCZF) last issued its earnings results on Tuesday, February 10th. The company reported $3.95 earnings per share for the quarter, missing analysts’ consensus estimates of $4.65 by ($0.70). The business had revenue of $4.39 billion during the quarter, compared to analyst estimates of $5.93 billion. Intact Financial had a net margin of 11.79% and a return on equity of 19.53%.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.