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Intact Financial (IFC) Stock Forecast & Price Target

Intact Financial logo
C$272.20 +3.13 (+1.16%)
(As of 11/20/2024 ET)

Intact Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
8

Based on 10 Wall Street analysts who have issued ratings for Intact Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 2 have given a hold rating, and 8 have given a buy rating for IFC.

Consensus Price Target

C$274.90
0.99% Upside
According to the 10 analysts' twelve-month price targets for Intact Financial, the average price target is C$274.90. The highest price target for IFC is C$300.00, while the lowest price target for IFC is C$243.00. The average price target represents a forecasted upside of 0.99% from the current price of C$272.20.
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IFC Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$274.90C$265.00C$264.40C$223.18
Forecasted Upside0.99% Upside-0.76% Downside4.70% Upside5.71% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

IFC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IFC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Intact Financial Stock vs. The Competition

TypeIntact FinancialFinancial Services Companies
Consensus Rating Score
2.80
2.63
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent IFC News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2024BMO Capital Markets
4 of 5 stars
 Boost TargetC$275.00 ➝ C$290.00+9.88%
11/7/2024Scotiabank
5 of 5 stars
 Boost TargetC$281.00 ➝ C$283.00+7.23%
11/6/2024National Bankshares
1 of 5 stars
 Boost TargetC$294.00 ➝ C$296.00+13.38%
11/6/2024Raymond James
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 Boost TargetC$264.00 ➝ C$290.00+11.08%
11/6/2024TD Securities
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 Boost TargetC$293.00 ➝ C$300.00+14.91%
8/22/2024Jefferies Financial Group
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 Lower TargetHoldC$264.00 ➝ C$262.00+3.67%
8/1/2024CIBC
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 Boost TargetOutperformC$250.00 ➝ C$270.00+9.89%
8/1/2024Cormark
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 Boost TargetBuyC$250.00 ➝ C$260.00+3.63%
7/23/2024Desjardins
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 Boost TargetBuyC$250.00 ➝ C$255.00+4.66%
5/8/2024Royal Bank of Canada
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 Boost TargetSector PerformC$226.00 ➝ C$243.00+5.17%
8/10/2023UBS Group
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 Lower TargetC$210.00 ➝ C$207.00+3.95%
4/28/2023Barclays
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 Lower TargetC$235.00 ➝ C$220.00+7.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:33 AM ET.


Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 6, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

Intact Financial
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Intact Financial Co.:

  • Intact Financial Co. has received a consensus "Moderate Buy" rating from analysts, indicating positive sentiment towards the company's future performance.
  • Recent analyst reports have shown an average 1-year price target of C$264.40 for Intact Financial Co., suggesting potential for price appreciation.
  • Intact Financial Co. reported strong quarterly earnings with an EPS of C$4.86, surpassing analyst estimates by C$1.25, showcasing solid financial performance.
  • The company has a healthy return on equity of 12.93%, indicating efficient utilization of shareholder funds to generate profits.
  • Intact Financial Co. has a market capitalization of C$45.51 billion, reflecting the company's size and stability in the market.

Intact Financial
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Intact Financial Co. for these reasons:

  • Intact Financial Co. stock price has recently traded down to C$253.16, potentially signaling short-term volatility or market correction.

IFC Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Intact Financial is C$274.90, with a high forecast of C$300.00 and a low forecast of C$243.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IFC shares.

According to analysts, Intact Financial's stock has a predicted upside of 0.99% based on their 12-month stock forecasts.

Intact Financial has been rated by research analysts at BMO Capital Markets, National Bankshares, Raymond James, Scotiabank, and TD Securities in the past 90 days.

Analysts like Intact Financial more than other "financial services" companies. The consensus rating score for Intact Financial is 2.80 while the average consensus rating score for "financial services" companies is 2.63. Learn more on how IFC compares to other companies.


This page (TSE:IFC) was last updated on 11/21/2024 by MarketBeat.com Staff
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