iA Financial Co. Inc. (TSE:IAG) Director Denis Ricard Sells 8,000 Shares of Stock

iA Financial Co. Inc. (TSE:IAG) Director Denis Ricard sold 8,000 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of C$143.00, for a total transaction of C$1,144,000.00.

Denis Ricard also recently made the following trade(s):

• On Thursday, May 15th, Denis Ricard sold 3,300 shares of iA Financial stock. The shares were sold at an average price of C$139.50, for a total transaction of C$460,350.00.
• On Tuesday, May 13th, Denis Ricard sold 6,200 shares of iA Financial stock. The stock was sold at an average price of C$139.50, for a total transaction of C$864,900.00.

iA Financial Stock Down 0.0%

Shares of TSE IAG opened at C$141.99 on Wednesday. iA Financial Co. Inc. has a fifty-two week low of C$84.29 and a fifty-two week high of C$143.75. The firm’s 50-day simple moving average is C$131.96 and its 200 day simple moving average is C$131.49. The stock has a market cap of C$13.32 billion, a P/E ratio of 13.53, a P/E/G ratio of 1.26 and a beta of 1.13.

Analysts Set New Price Targets

A number of analysts have recently weighed in on IAG shares. TD Securities boosted their target price on shares of iA Financial from C$140.00 to C$147.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Royal Bank of Canada set a C$141.00 price target on shares of iA Financial and gave the stock a “sector perform” rating in a research report on Tuesday, April 15th. Desjardins upped their price target on shares of iA Financial from C$140.00 to C$145.00 and gave the company a “hold” rating in a research note on Thursday, February 20th. BMO Capital Markets upped their price objective on shares of iA Financial from C$140.00 to C$150.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Finally, CIBC lowered their price target on shares of iA Financial from C$149.00 to C$144.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$139.75.

About iA Financial

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.