Intact Financial Co. (OTCMKTS:IFCZF) Given Average Rating of “Buy” by Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has received a consensus rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating.

Several research firms have recently issued reports on IFCZF. TD Securities reaffirmed a “buy” rating on shares of Intact Financial in a report on Wednesday, February 11th. Scotiabank reiterated an “outperform” rating on shares of Intact Financial in a report on Friday, January 30th.

Intact Financial Trading Down 0.6%

Shares of Intact Financial stock opened at $183.58 on Friday. Intact Financial has a 12-month low of $180.00 and a 12-month high of $256.31. The stock has a fifty day simple moving average of $189.13 and a 200 day simple moving average of $194.41.

Intact Financial (OTCMKTS:IFCZF) last announced its earnings results on Tuesday, February 10th. The company reported $3.95 EPS for the quarter, missing the consensus estimate of $4.65 by ($0.70). The firm had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $5.93 billion.

About Intact Financial

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.