Intact Financial Co. (OTCMKTS:IFCZF) Given Consensus Rating of “Moderate Buy” by Brokerages

Intact Financial Co. (OTCMKTS:IFCZF) has received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company.

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

Intact Financial Price Performance

OTCMKTS IFCZF opened at $198.38 on Tuesday. The business’s fifty day moving average price is $203.67 and its 200-day moving average price is $193.59. The stock has a market capitalization of $34.96 billion and a price-to-earnings ratio of 15.25. Intact Financial has a 1-year low of $174.43 and a 1-year high of $226.09.

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.