Intact Financial Co. (OTCMKTS:IFCZF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several analysts have recently commented on IFCZF shares. Scotiabank restated an “outperform” rating on shares of Intact Financial in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Intact Financial in a research note on Friday, July 10th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Intact Financial in a report on Thursday, July 30th. Barclays restated an “overweight” rating on shares of Intact Financial in a research report on Wednesday, July 29th. Finally, TD Securities reaffirmed a “buy” rating on shares of Intact Financial in a report on Wednesday, July 29th.

Intact Financial Price Performance

OTCMKTS:IFCZF opened at $192.84 on Friday. The firm’s fifty day moving average price is $201.49 and its 200 day moving average price is $194.15. Intact Financial has a 1-year low of $174.43 and a 1-year high of $226.09. The firm has a market cap of $33.98 billion and a price-to-earnings ratio of 14.82.

About Intact Financial

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.