Intact Financial (OTCMKTS:IFCZF) Price Target Increased to C$231.00 by Analysts at Scotiabank

Intact Financial (OTCMKTS:IFCZF – Get Rating) had its price target raised by equities research analysts at Scotiabank from C$224.00 to C$231.00 in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also recently commented on the company. UBS Group cut Intact Financial from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 12th. TD Securities upped their price target on Intact Financial from C$220.00 to C$230.00 in a research note on Wednesday, November 9th. Raymond James cut Intact Financial from a “strong-buy” rating to an “outperform” rating in a research note on Thursday, November 10th. BMO Capital Markets dropped their target price on Intact Financial from C$230.00 to C$220.00 in a report on Thursday, November 10th. Finally, National Bank Financial upped their price target on Intact Financial from C$230.00 to C$238.00 in a report on Wednesday, November 2nd.

Intact Financial Stock Up 0.6 %

IFCZF stock traded up $0.93 during mid-day trading on Wednesday, reaching $148.07. 202 shares of the company traded hands, compared to its average volume of 584. The company has a fifty day moving average price of $146.36 and a 200-day moving average price of $146.72. Intact Financial has a 52-week low of $131.64 and a 52-week high of $157.48.

About Intact Financial

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Intact Financial Corp. engages in the provision of property and casualty insurance in Canada and specialty insurance in North America. It operates through the following segments: Canada, United Kingdom and International, and United States. The Canada segment consists of personal auto and properties, and commercial lines.