In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Intact Financial Corporation (IFC). Analyst Paul Holden from CIBC rated Intact Financial Corporation (IFC) a Hold yesterday, setting a C$120 price target.
Holden has an average return of 9.5% when recommending Intact Financial Corporation.
According to TipRanks.com, Holden is ranked #2101 out of 5153 analysts.
Currently, the analyst consensus on Intact Financial Corporation is a Moderate Buy with an average price target of C$113.50, which is a 4.7% upside from current levels. In a report issued on January 23, Desjardins also maintained a Hold rating on the stock with a C$104 price target.
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The company has a one-year high of C$110.91 and a one-year low of C$91.65. Currently, Intact Financial Corporation has an average volume of 239.1K.
Intact Financial Corp. engages in providing property and casualty insurance in Canada and specialty insurance in North America. It operates through the following business segments: Canada Insurance, U.S. Insurance, and Corporate and Other.
The company’s shares closed on Wednesday at C$108.43, close to its 52-week high of C$110.91.
