iA Financial (TSE:IAG) Given a C$141.00 Price Target at Royal Bank of Canada

iA Financial (TSE:IAG - Get Free Report) received a C$141.00 target price from research analysts at Royal Bank of Canada in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the stock. Royal Bank of Canada's target price points to a potential upside of 11.25% from the company's current price.

Other research analysts also recently issued research reports about the company. TD Securities upped their target price on iA Financial from C$146.00 to C$147.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th. CIBC increased their price objective on iA Financial from C$144.00 to C$149.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. BMO Capital Markets boosted their target price on shares of iA Financial from C$140.00 to C$150.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Scotiabank lowered shares of iA Financial from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Desjardins upped their price objective on shares of iA Financial from C$140.00 to C$145.00 and gave the stock a "hold" rating in a report on Thursday, February 20th. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$140.75.

iA Financial Trading Up 0.4 %

TSE IAG traded up C$0.51 during trading on Tuesday, hitting C$126.74. The company had a trading volume of 138,951 shares, compared to its average volume of 274,597. The company's fifty day moving average is C$129.69 and its 200-day moving average is C$128.33. The company has a market cap of C$11.89 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. iA Financial has a one year low of C$81.24 and a one year high of C$141.88.

Insider Activity at iA Financial

In related news, Senior Officer Alain Bergeron sold 2,750 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$135.37, for a total transaction of C$372,267.50. Insiders sold 12,750 shares of company stock valued at $1,731,044 over the last 90 days. Corporate insiders own 0.09% of the company's stock.

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.