iA Financial (TSE:IAG) Price Target Raised to C$147.00 at TD Securities

iA Financial (TSE:IAG) had its price target increased by research analysts at TD Securities from C$140.00 to C$147.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 8.64% from the stock’s current price.

Several other analysts also recently weighed in on IAG. CIBC dropped their target price on shares of iA Financial from C$149.00 to C$144.00 and set an “outperform” rating on the stock in a research report on Thursday, May 1st. Royal Bank of Canada set a C$141.00 target price on iA Financial and gave the company a “sector perform” rating in a research report on Tuesday, April 15th. Desjardins boosted their price target on 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. Scotiabank reduced their price objective on iA Financial from C$143.00 to C$140.00 and set a “sector perform” rating for the company in a research note on Thursday, May 1st. Finally, BMO Capital Markets lifted their target price on iA Financial from C$140.00 to C$150.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$139.75.

iA Financial Trading Up 1.1 %

Shares of IAG stock opened at C$135.31 on Thursday. iA Financial has a 12-month low of C$84.29 and a 12-month high of C$141.88. The business’s fifty day simple moving average is C$129.95 and its 200-day simple moving average is C$130.05. The company has a market cap of C$12.70 billion, a PE ratio of 12.89, a PEG ratio of 1.26 and a beta of 1.13.

Insiders Place Their Bets

In other news, Senior Officer Alain Bergeron sold 2,750 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of C$135.37, for a total transaction of C$372,267.50. In the last 90 days, insiders have sold 12,750 shares of company stock worth $1,731,044. Corporate insiders own 0.09% of the company’s stock.

iA Financial Company Profile

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.