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

Intact Financial Co. (OTCMKTS:IFCZF) has been given an average recommendation of “Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation.

A number of research firms recently commented on IFCZF. Barclays reiterated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th. National Bankshares restated an “outperform” rating on shares of Intact Financial in a research note on Monday, October 27th. Finally, Jefferies Financial Group upgraded Intact Financial to a “buy” rating in a research note on Tuesday, October 21st.

Intact Financial Trading Down 1.7%

Shares of OTCMKTS IFCZF opened at $182.55 on Thursday. Intact Financial has a one year low of $175.76 and a one year high of $256.31. The firm’s 50 day simple moving average is $200.17 and its two-hundred day simple moving average is $199.83.

Intact Financial Company Profile

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.