Brokerages Set iA Financial Co. Inc. (TSE:IAG) Price Target at C$145.88

Shares of iA Financial Co. Inc. (TSE:IAG) have earned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$145.88.

Several equities research analysts have recently issued reports on IAG shares. Royal Bank Of Canada raised their price target on shares of iA Financial from C$142.00 to C$151.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. BMO Capital Markets increased their price objective on iA Financial from C$148.00 to C$160.00 in a report on Friday, July 11th. TD Securities raised their target price on iA Financial from C$140.00 to C$147.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. National Bankshares boosted their target price on iA Financial from C$141.00 to C$146.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 6th. Finally, Scotiabank upgraded iA Financial to a “strong-buy” rating in a research note on Thursday, July 31st.

iA Financial Stock Performance

TSE IAG opened at C$148.07 on Friday. The company has a market capitalization of C$13.89 billion, a PE ratio of 14.11, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. iA Financial has a 52-week low of C$101.01 and a 52-week high of C$152.04. The company has a 50-day simple moving average of C$144.51 and a 200 day simple moving average of C$137.18.

About iA Financial

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.