Scotiabank Cuts Intact Financial (TSE:IFC) Price Target to C$325.00

Intact Financial (TSE:IFC) had its target price cut by equities research analysts at Scotiabank from C$330.00 to C$325.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 16.51% from the company’s previous close.

IFC has been the subject of a number of other reports. TD dropped their price target on Intact Financial from C$347.00 to C$345.00 and set a “buy” rating for the company in a research note on Wednesday. Royal Bank Of Canada upped their price objective on Intact Financial from C$289.00 to C$299.00 and gave the stock a “sector perform” rating in a report on Monday, July 13th. Canadian Imperial Bank of Commerce lowered their target price on Intact Financial from C$314.00 to C$311.00 in a research report on Thursday. Jefferies Financial Group raised their target price on shares of Intact Financial from C$343.00 to C$351.00 and gave the company a “buy” rating in a report on Monday. Finally, Raymond James Financial reduced their price target on shares of Intact Financial from C$310.00 to C$305.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Intact Financial has an average rating of “Moderate Buy” and an average price target of C$331.09.

Intact Financial Price Performance

IFC stock traded down C$5.86 during mid-day trading on Thursday, hitting C$278.94. The company had a trading volume of 280,664 shares, compared to its average volume of 459,656. The company has a 50-day moving average price of C$285.54 and a 200 day moving average price of C$267.53. Intact Financial has a 12-month low of C$242.87 and a 12-month high of C$305.52. The company has a market capitalization of C$49.31 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 2.01 and a beta of 0.29. The company has a quick ratio of 0.28, a current ratio of 1.69 and a debt-to-equity ratio of 23.33.

Intact Financial (TSE:IFC) last issued its quarterly earnings data on Tuesday, July 28th. The company reported C$4.33 earnings per share for the quarter. Intact Financial had a return on equity of 16.93% and a net margin of 12.76%.The firm had revenue of C$5.94 billion during the quarter. On average, research analysts anticipate that Intact Financial will post 16.1721014 earnings per share for the current year.

Key Stories Impacting Intact Financial

Here are the key news stories impacting Intact Financial this week:

• Positive Sentiment: Analysts remain constructive on Intact Financial. Barclays maintained its Buy rating, while TD Securities kept a Buy rating and Barclays retained an Overweight rating. Their revised price targets of C$345 and C$344, respectively, still implied roughly 21% upside from the recently cited C$284.80 share price. Barclays Keeps Their Buy Rating on Intact Financial Corporation
• Positive Sentiment: Jefferies and National Bank Financial also reportedly forecast meaningful appreciation for IFC, reinforcing the view that the insurer’s long-term earnings and valuation outlook remains favorable. Jefferies outlook for Intact Financial National Bank Financial outlook for Intact Financial
• Neutral Sentiment: Intact reported Q2 2026 revenue of C$5.94 billion, earnings per share of C$4.33, a 16.93% return on equity and a 12.76% net margin. The earnings call provided investors with additional management commentary on the quarter and outlook. Intact Financial Q2 2026 results Intact Financial Q2 2026 earnings call transcript
• Negative Sentiment: Q2 profit fell to approximately C$720 million from C$867 million a year earlier. The year-over-year earnings decline likely pressured the stock, even though revenue and profitability metrics remained substantial. Intact Financial reports lower Q2 profit
• Negative Sentiment: TD and Barclays both reduced their price targets modestly—from C$347 to C$345 and from C$352 to C$344. Although their ratings remain positive, the cuts signal somewhat less near-term upside than previously expected. Analyst ratings for Intact Financial

Intact Financial Company Profile

Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities.