Intact Financial Co. (OTCMKTS:IFCZF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Several research analysts have issued reports on IFCZF shares. Barclays reiterated an “overweight” rating on shares of Intact Financial in a research report on Tuesday. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Intact Financial in a report on Friday. Finally, TD Securities reiterated a “buy” rating on shares of Intact Financial in a research note on Wednesday, May 6th.

Intact Financial Price Performance

Intact Financial stock traded down $2.11 during midday trading on Friday, reaching $207.18. The company’s stock had a trading volume of 1 shares, compared to its average volume of 10,688. The stock’s 50-day simple moving average is $197.60 and its 200-day simple moving average is $193.00. The stock has a market capitalization of $36.58 billion and a P/E ratio of 15.24. Intact Financial has a 52-week low of $174.43 and a 52-week high of $226.09.

Intact Financial (OTCMKTS:IFCZF) last released its earnings results on Tuesday, May 5th. The company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.24. Intact Financial had a net margin of 12.02% and a return on equity of 19.25%. The business had revenue of $4.22 billion during the quarter, compared to analysts’ expectations of $4.28 billion.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.