Brokerages Set iA Financial Co. Inc. (TSE:IAG) PT at C$141.00

iA Financial Co. Inc. (TSE:IAG) has earned a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$141.00.

A number of analysts recently weighed in on the stock. Royal Bank Of Canada set a C$141.00 price objective on shares of iA Financial and gave the stock a “sector perform” rating in a research note on Tuesday, April 15th. CIBC lowered their price objective on shares of iA Financial from C$149.00 to C$144.00 and set an “outperform” rating for the company in a research note on Thursday, May 1st. BMO Capital Markets upped their price objective on shares of iA Financial from C$148.00 to C$160.00 in a research note on Friday, July 11th. TD Securities boosted their target price on shares of iA Financial from C$140.00 to C$147.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Finally, Scotiabank reduced their target price on shares of iA Financial from C$143.00 to C$140.00 and set a “sector perform” rating for the company in a report on Thursday, May 1st.

iA Financial Price Performance

TSE:IAG opened at C$136.32 on Monday. iA Financial has a 1-year low of C$86.92 and a 1-year high of C$151.29. The company has a 50-day moving average of C$143.23 and a 200 day moving average of C$135.48. The firm has a market cap of C$12.79 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.

Insider Buying and Selling

In related news, Senior Officer Pierre Miron sold 15,000 shares of the firm’s stock in a transaction dated Monday, May 26th. The stock was sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. Also, Director Denis Ricard sold 8,000 shares of the firm’s stock in a transaction dated Friday, May 16th. The stock was sold at an average price of C$143.00, for a total value of C$1,144,000.00. Insiders sold 44,000 shares of company stock valued at $6,151,244 over the last 90 days. Insiders own 0.09% of the company’s stock.

iA Financial Company Profile

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.