Intact Financial Co. (OTCMKTS:IFCZF) Given Consensus Rating of “Moderate Buy” by Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of brokerages have recently issued reports on IFCZF. Scotiabank reissued an “outperform” rating on shares of Intact Financial in a research report on Friday, July 24th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Intact Financial in a research note on Friday, July 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Intact Financial in a report on Thursday, July 30th. Barclays reiterated an “overweight” rating on shares of Intact Financial in a research report on Wednesday, July 29th. Finally, TD Securities reissued a “buy” rating on shares of Intact Financial in a report on Wednesday, July 29th.

Intact Financial Trading Up 0.2%

Shares of IFCZF stock opened at $200.26 on Tuesday. Intact Financial has a 12 month low of $174.43 and a 12 month high of $226.09. The stock has a market cap of $35.32 billion and a P/E ratio of 15.39. The company has a 50 day simple moving average of $203.54 and a two-hundred day simple moving average of $193.53.

About Intact Financial

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.