iA Financial Co. Inc. (OTCMKTS:IAFNF) Receives Average Rating of “Hold” from Brokerages

Shares of iA Financial Co. Inc. (OTCMKTS:IAFNF) have been assigned an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of brokerages recently commented on IAFNF. Royal Bank Of Canada reissued a “sector perform” rating on shares of iA Financial in a research note on Thursday, August 6th. Scotiabank reaffirmed a “sector perform” rating on shares of iA Financial in a report on Thursday, August 6th. BMO Capital Markets restated an “outperform” rating on shares of iA Financial in a research note on Thursday, August 6th. Finally, TD Securities restated a “hold” rating on shares of iA Financial in a research note on Wednesday, August 5th.

iA Financial Price Performance

Shares of OTCMKTS IAFNF opened at $142.31 on Monday. iA Financial has a twelve month low of $106.36 and a twelve month high of $148.36. The business has a fifty day simple moving average of $143.10 and a two-hundred day simple moving average of $127.68.

About iA Financial

iA Financial Group (OTCMKTS: IAFNF) is a Canadian-based insurance and wealth management company offering a broad spectrum of financial products and services. The company’s core operations encompass life and health insurance, creditor insurance, auto and home insurance, as well as group insurance solutions for businesses and associations. Founded in 1892 and headquartered in Quebec City, iA Financial has grown to become one of Canada’s largest insurers and wealth managers, serving individual and corporate clients through a comprehensive network of agents, brokers, and financial advisors.

In its wealth management division, iA Financial Group provides retirement savings plans, mutual funds, segregated funds, and managed accounts.