Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) has earned an average recommendation of “Hold” from the ten analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$59.17.

Several equities analysts have recently issued reports on IAG shares. Scotiabank reaffirmed a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research note on Thursday, August 3rd. Royal Bank Of Canada raised their price target on shares of Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a research note on Friday, August 4th.

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Industrial Alliance Insur. & Fin. Ser. (IAG) traded down 0.43% during mid-day trading on Thursday, reaching $58.34. 36,337 shares of the company’s stock were exchanged. Industrial Alliance Insur. & Fin. Ser. has a 12 month low of $48.74 and a 12 month high of $59.41. The firm has a market cap of $6.21 billion and a price-to-earnings ratio of 11.47. The stock has a 50-day moving average of $55.29 and a 200-day moving average of $54.79.

In other Industrial Alliance Insur. & Fin. Ser. news, insider Michel Tremblay sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of C$56.33, for a total value of C$563,300.00. Also, Director Yvon Charest purchased 1,200 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction on Thursday, September 7th. The stock was bought at an average price of C$52.46 per share, with a total value of C$62,952.00. Over the last quarter, insiders have bought 10,200 shares of company stock valued at $356,147.

Industrial Alliance Insur. & Fin. Ser. Company Profile

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

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