Intact Financial Co. (OTCMKTS:IFCZF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of research firms have weighed in on IFCZF. Barclays restated an “overweight” rating on shares of Intact Financial in a report on Tuesday, July 7th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Intact Financial in a research report on Friday, July 10th. Finally, TD Securities reissued a “buy” rating on shares of Intact Financial in a research report on Wednesday, May 6th.

Intact Financial Stock Performance

OTCMKTS:IFCZF opened at $209.96 on Friday. The firm has a 50-day simple moving average of $199.74 and a 200-day simple moving average of $193.12. Intact Financial has a one year low of $174.43 and a one year high of $226.09. The firm has a market cap of $37.03 billion and a P/E ratio of 15.45.

Intact Financial (OTCMKTS:IFCZF) last released its quarterly earnings data on Tuesday, May 5th. The company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.24. The firm had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.28 billion. Intact Financial had a net margin of 12.02% and a return on equity of 19.25%.

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.