RBC Capital Keeps Their Buy Rating on Intact Financial Corporation (IFC)


A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Geoffrey Kwan from RBC Capital reiterated a Buy rating on Intact Financial Corporation (IFC), with a C$115 price target.

According to TipRanks.com, Kwan is a 3-star analyst with an average return of 1.0% and a 41.6% success rate. Kwan covers the Financial sector, focusing on stocks such as Element Financial, IGM Financial, and Sprott Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intact Financial Corporation with a C$115 average price target.

The company has a one-year high of C$109.17 and a one-year low of C$91.65. Currently, Intact Financial Corporation has an average volume of 254.1K.

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 Tuesday at C$100.61.

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