Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Research analysts at Desjardins boosted their FY2018 earnings per share estimates for Industrial Alliance Insur. & Fin. Ser. in a report issued on Thursday. Desjardins analyst D. Young now anticipates that the company will post earnings per share of $5.25 for the year, up from their prior estimate of $5.20.

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A number of other research firms have also recently commented on IAG. Royal Bank Of Canada dropped their price objective on 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. Scotiabank reiterated a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday. TD Securities upgraded Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, ValuEngine cut Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$59.11.

In other news, insider Normand P├ępin sold 52,000 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of C$54.00, for a total value of C$2,808,000.00. Also, insider Denis Ricard acquired 2,000 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction dated Thursday, May 18th. The stock was purchased at an average cost of C$50.00 per share, for a total transaction of C$100,000.00. In the last 90 days, insiders acquired 5,700 shares of company stock valued at $290,884 and sold 114,000 shares valued at $6,184,280.

About Industrial Alliance Insur. & Fin. Ser.

Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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