iA Financial (TSE:IAG – Get Free Report) had its target price lifted by research analysts at TD Securities from C$132.00 to C$135.00 in a report released on Wednesday,BayStreet.CA reports. TD Securities’ target price would indicate a potential upside of 3.54% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the company. National Bankshares downgraded iA Financial from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from C$102.00 to C$118.00 in a report on Friday, October 25th. National Bank Financial cut shares of iA Financial from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Cibc World Mkts raised shares of iA Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. BMO Capital Markets raised their price objective on shares of iA Financial from C$102.00 to C$111.00 in a report on Thursday, August 8th. Finally, CIBC boosted their target price on shares of iA Financial from C$106.00 to C$120.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, iA Financial presently has an average rating of “Moderate Buy” and a consensus target price of C$128.50.
Get Our Latest Stock Analysis on IAG
iA Financial Trading Down 2.4 %
iA Financial (TSE:IAG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported C$2.75 earnings per share for the quarter, topping analysts’ consensus estimates of C$2.58 by C$0.17. The business had revenue of C$1.64 billion for the quarter. iA Financial had a return on equity of 10.51% and a net margin of 9.02%. Equities research analysts predict that iA Financial will post 11.6187564 EPS for the current fiscal year.
iA Financial Company Profile
iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.
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