Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)‘s stock had its “sector perform” rating reiterated by equities researchers at Scotiabank in a research note issued on Thursday.

Other analysts also recently issued research reports about the stock. ValuEngine downgraded shares of Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 11th. TD Securities raised shares of Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, Royal Bank Of Canada reduced their price target on shares of Industrial Alliance Insur. & Fin. Ser. from C$58.00 to C$57.00 and set a “sector perform” rating for the company in a research report on Friday, May 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of C$59.11.

Shares of Industrial Alliance Insur. & Fin. Ser. (IAG) traded up 0.23% during midday trading on Thursday, reaching $56.30. 31,582 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $55.78 and a 200-day moving average price of $55.57. Industrial Alliance Insur. & Fin. Ser. has a 52-week low of $39.26 and a 52-week high of $59.41. The stock has a market cap of $5.99 billion and a P/E ratio of 10.73.

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In related news, insider Michael Lee Stickney sold 4,000 shares of the business’s stock in a transaction dated Thursday, June 29th. The shares were sold at an average price of C$56.04, for a total value of C$224,160.00. Also, insider Denis Ricard purchased 2,000 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The stock was bought at an average cost of C$50.00 per share, for a total transaction of C$100,000.00. Over the last ninety days, insiders have acquired 5,700 shares of company stock worth $290,884 and have sold 114,000 shares worth $6,184,280.

Industrial Alliance Insur. & Fin. Ser. Company Profile

Analyst Recommendations for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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