Alain Bergeron Sells 700 Shares of iA Financial (TSE:IAG) Stock

iA Financial Co. Inc. (TSE:IAG) insider Alain Bergeron sold 700 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of C$195.40, for a total value of C$136,780.00.

Alain Bergeron also recently made the following trade(s):

• On Wednesday, June 17th, Alain Bergeron sold 1,300 shares of iA Financial stock. The stock was sold at an average price of C$189.20, for a total value of C$245,960.00.

iA Financial Price Performance

Shares of iA Financial stock opened at C$203.87 on Friday. The business’s fifty day moving average price is C$178.43 and its 200 day moving average price is C$170.04. iA Financial Co. Inc. has a twelve month low of C$133.36 and a twelve month high of C$204.03. The company has a current ratio of 0.60, a quick ratio of 0.17 and a debt-to-equity ratio of 18.46. The stock has a market capitalization of C$18.20 billion, a P/E ratio of 18.88, a PEG ratio of 1.26 and a beta of 0.97.

iA Financial (TSE:IAG) last announced its quarterly earnings results on Tuesday, May 5th. The company reported C$3.25 EPS for the quarter. The company had revenue of C$2.74 billion during the quarter. iA Financial had a return on equity of 12.80% and a net margin of 9.87%. As a group, research analysts anticipate that iA Financial Co. Inc. will post 11.6187564 earnings per share for the current year.

Analysts Set New Price Targets

IAG has been the topic of a number of recent research reports. Scotia reduced their price target on shares of iA Financial from C$183.00 to C$168.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 7th. TD Securities lowered shares of iA Financial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 6th. National Bank Financial cut their target price on shares of iA Financial from C$181.00 to C$179.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. TD lowered shares of iA Financial from a “buy” rating to a “hold” rating and reduced their target price for the company from C$193.00 to C$190.00 in a report on Wednesday, May 6th. Finally, Desjardins upped their price target on shares of iA Financial from C$173.00 to C$174.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Nine analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$177.78.

iA Financial Company Profile

iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares). To learn more about iA Financial Group, you can sign up for our newsletter on our website at ia.ca. iA Financial Group is a business name and trademark of iA Financial Corporation Inc