iA Financial Co. Inc. (TSE:IAG - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$118.61 and traded as high as C$130.75. iA Financial shares last traded at C$128.82, with a volume of 198,784 shares.
Analyst Upgrades and Downgrades
Several analysts have weighed in on IAG shares. Scotiabank cut iA Financial from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. CIBC raised their price objective on iA Financial from C$143.00 to C$144.00 in a report on Thursday, January 30th. National Bank Financial lowered iA Financial from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. BMO Capital Markets lifted their price objective on iA Financial from C$126.00 to C$140.00 in a research report on Thursday, November 7th. Finally, National Bankshares lifted their price target on iA Financial from C$118.00 to C$121.00 in a research report on Wednesday, November 6th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$129.88.
View Our Latest Stock Analysis on IAG
iA Financial Price Performance
The company has a market capitalization of C$12.23 billion, a PE ratio of 12.42, a P/E/G ratio of 1.26 and a beta of 1.13. The business has a 50-day moving average of C$131.96 and a 200 day moving average of C$119.18.
Insider Buying and Selling
In other news, Director Denis Ricard sold 5,000 shares of iA Financial stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$137.00, for a total value of C$685,000.00. Also, Senior Officer Alain Bergeron sold 2,750 shares of the business's stock in a transaction on Friday, December 27th. The stock was sold at an average price of C$133.64, for a total value of C$367,515.78. Over the last three months, insiders have sold 22,010 shares of company stock worth $2,976,055. Corporate insiders own 0.09% of the company's stock.
About iA Financial
(
Get Free Report)
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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