iA Financial Co. Inc. (TSE:IAG) Given Consensus Rating of “Moderate Buy” by Analysts

iA Financial Co. Inc. (TSE:IAG) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$165.43.

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of iA Financial from C$151.00 to C$167.00 in a research report on Thursday, November 6th. Desjardins lifted their price objective on iA Financial from C$149.00 to C$163.00 and gave the company a “hold” rating in a research report on Wednesday, October 15th. BMO Capital Markets upped their target price on iA Financial from C$170.00 to C$175.00 in a report on Thursday, November 6th. National Bankshares increased their target price on iA Financial from C$146.00 to C$162.00 and gave the stock a “sector perform” rating in a research report on Monday, October 20th. Finally, TD Securities raised their target price on iA Financial from C$175.00 to C$178.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th.

Insider Buying and Selling at iA Financial

In other news, insider Philippe Sarfati sold 2,318 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of C$164.30, for a total transaction of C$380,847.40. Also, insider Pierre Miron sold 20,000 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of C$150.60, for a total transaction of C$3,011,960.00. Following the completion of the sale, the insider directly owned 4,900 shares in the company, valued at C$737,930.20. This represents a 80.32% decrease in their ownership of the stock. Insiders have sold 23,750 shares of company stock valued at $3,628,141 in the last three months. Insiders own 0.09% of the company’s stock.

iA Financial Stock Up 0.2%

Shares of iA Financial stock opened at C$165.06 on Friday. The business has a 50 day moving average of C$161.45 and a 200 day moving average of C$150.80. iA Financial has a 52 week low of C$115.21 and a 52 week high of C$175.21. The company has a market cap of C$15.21 billion, a PE ratio of 14.18, a P/E/G ratio of 1.26 and a beta of 0.87.

iA Financial (TSE:IAG) last issued its quarterly earnings data on Tuesday, November 4th. The company reported C$3.91 earnings per share (EPS) for the quarter. iA Financial had a net margin of 6.85% and a return on equity of 13.73%. The business had revenue of C$6.67 billion for the quarter. On average, research analysts anticipate that iA Financial will post 11.6187564 earnings per share for the current year.

iA Financial Company Profile

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.