iA Financial (TSE:IAG) Given a C$181.00 Price Target by National Bank Financial Analysts

iA Financial (TSE:IAG) has been assigned a C$181.00 target price by stock analysts at National Bank Financial in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s target price points to a potential upside of 2.97% from the company’s previous close.

A number of other equities research analysts also recently weighed in on IAG. BMO Capital Markets lowered their target price on iA Financial from C$185.00 to C$175.00 in a report on Thursday, February 19th. Desjardins lifted their target price on iA Financial from C$173.00 to C$174.00 and gave the stock a “hold” rating in a report on Friday, April 17th. TD Securities lowered their target price on iA Financial from C$192.00 to C$189.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. TD raised their price objective on iA Financial from C$189.00 to C$193.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, Royal Bank Of Canada set a C$167.00 price objective on iA Financial and gave the company a “sector perform” rating in a research note on Monday, January 19th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, iA Financial has a consensus rating of “Hold” and an average price target of C$179.63.

iA Financial Trading Down 0.2%

IAG stock traded down C$0.31 during mid-day trading on Friday, reaching C$175.78. The company’s stock had a trading volume of 168,262 shares, compared to its average volume of 344,229. The company has a market cap of C$15.96 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 1.26 and a beta of 0.86. The business’s 50 day moving average price is C$157.85 and its 200 day moving average price is C$165.00. iA Financial has a 12 month low of C$129.24 and a 12 month high of C$182.99.

iA Financial (TSE:IAG) last issued its earnings results on Tuesday, February 17th. The company reported C$3.10 earnings per share for the quarter. The business had revenue of C$3.23 billion during the quarter. iA Financial had a return on equity of 13.62% and a net margin of 10.11%. As a group, equities analysts expect that iA Financial will post 11.6187564 EPS for the current fiscal year.

Insider Activity at iA Financial

In related news, Director Denis Ricard bought 6,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of C$152.00 per share, with a total value of C$912,000.00. Following the completion of the transaction, the director directly owned 56,000 shares in the company, valued at approximately C$8,512,000. This represents a 12.00% increase in their ownership of the stock. Also, insider Ï¿½Ric Jobin bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of C$151.82 per share, for a total transaction of C$151,820.00. Following the transaction, the insider owned 1,941 shares of the company’s stock, valued at C$294,682.62. The trade was a 106.27% increase in their ownership of the stock. 0.09% of the stock is owned by insiders.

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.