Intact Financial Co. (OTCMKTS:IFCZF – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company.
Several equities research analysts have recently issued reports on the stock. TD Securities restated a “buy” rating on shares of Intact Financial in a research note on Wednesday, May 6th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Intact Financial in a report on Friday. Finally, Barclays restated an “overweight” rating on shares of Intact Financial in a research report on Tuesday.
View Our Latest Stock Analysis on IFCZF
Intact Financial Stock Down 1.0%
Intact Financial (OTCMKTS:IFCZF – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.24. The firm had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Intact Financial had a return on equity of 19.25% and a net margin of 12.02%.
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.
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