Intact Financial Co. (OTCMKTS:IFCZF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Intact Financial Co. (OTCMKTS:IFCZF) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of analysts have recently weighed in on the company. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Intact Financial in a research report on Friday, July 10th. Barclays restated an “overweight” rating on shares of Intact Financial in a research note on Wednesday, July 29th. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a research report on Wednesday, October 7th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Intact Financial in a research note on Thursday, July 30th. Finally, TD Securities reiterated a “buy” rating on shares of Intact Financial in a research note on Wednesday, July 29th.

Intact Financial Trading Down 1.3%

OTCMKTS IFCZF opened at $188.95 on Friday. The firm’s fifty day simple moving average is $183.21 and its two-hundred day simple moving average is $192.39. The firm has a market capitalization of $33.18 billion and a P/E ratio of 14.52. Intact Financial has a 12-month low of $166.68 and a 12-month high of $226.09.

Intact Financial Company Profile

Intact Financial Corporation is a Canada-based provider of property and casualty insurance. Through its subsidiaries and operating brands, the company offers personal, commercial and specialty insurance products covering automobiles, homes, businesses, marine risks and other property and liability exposures.

In Canada, Intact serves customers through broker distribution as well as direct-to-consumer brands, including Intact Insurance and belairdirect. Its operations also include BrokerLink, a network of insurance brokerages, and services supporting claims and property restoration.