Intact Financial Co. (OTCMKTS:IFCZF) Given Average Rating of “Buy” by Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has been assigned an average recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation.

Several research analysts have issued reports on IFCZF shares. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a report on Friday, January 30th. TD Securities reiterated a “buy” rating on shares of Intact Financial in a report on Wednesday, February 11th.

Intact Financial Price Performance

OTCMKTS IFCZF opened at $180.76 on Friday. Intact Financial has a 12 month low of $180.00 and a 12 month high of $256.31. The stock’s fifty day moving average price is $190.00 and its 200-day moving average price is $194.85.

Intact Financial (OTCMKTS:IFCZF) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $3.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.65 by ($0.70). The firm had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $5.93 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.