Benoit Morissette Sells 6,000 Shares of Intact Financial Co. (TSE:IFC) Stock

Intact Financial Co. (TSE:IFC) Senior Officer Benoit Morissette sold 6,000 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of C$287.12, for a total transaction of C$1,722,738.00.

Intact Financial Stock Up 0.4 %

Shares of IFC opened at C$288.21 on Friday. Intact Financial Co. has a fifty-two week low of C$216.62 and a fifty-two week high of C$294.35. The firm’s 50 day moving average price is C$262.84 and its 200 day moving average price is C$260.57. The company has a market cap of C$51.27 billion, a P/E ratio of 22.32, a PEG ratio of 2.01 and a beta of 0.57.

Analyst Ratings Changes

A number of equities analysts recently weighed in on IFC shares. Jefferies Financial Group boosted their price target on shares of Intact Financial from C$284.00 to C$301.00 in a research report on Thursday. Desjardins boosted their target price on shares of Intact Financial from C$295.00 to C$315.00 and gave the company a “buy” rating in a report on Thursday. Scotiabank boosted their target price on shares of Intact Financial from C$281.00 to C$283.00 in a report on Thursday, November 7th. Cibc World Mkts lowered shares of Intact Financial from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 29th. Finally, BMO Capital Markets boosted their target price on shares of Intact Financial from C$290.00 to C$315.00 in a report on Thursday. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$292.90.

Intact Financial Company Profile

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.