iA Financial (OTCMKTS:IAFNF) Trading Up 0.2% – Still a Buy?

iA Financial Co. Inc. (OTCMKTS:IAFNF) shares traded up 0.2% on Wednesday . The company traded as high as $126.89 and last traded at $126.89. 200 shares changed hands during trading, a decline of 96% from the average session volume of 5,650 shares. The stock had previously closed at $126.58.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Canadian Imperial Bank of Commerce downgraded iA Financial from an “outperform” rating to a “neutral” rating in a report on Thursday, January 8th. National Bank Financial restated a “sector perform” rating on shares of iA Financial in a research note on Wednesday, November 5th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of iA Financial in a research note on Thursday, February 5th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

iA Financial Price Performance

The stock’s 50 day moving average price is $126.64 and its two-hundred day moving average price is $117.10.

About iA Financial

iA Financial Group (OTCMKTS: IAFNF) is a Canadian-based insurance and wealth management company offering a broad spectrum of financial products and services. The company’s core operations encompass life and health insurance, creditor insurance, auto and home insurance, as well as group insurance solutions for businesses and associations. Founded in 1892 and headquartered in Quebec City, iA Financial has grown to become one of Canada’s largest insurers and wealth managers, serving individual and corporate clients through a comprehensive network of agents, brokers, and financial advisors.

In its wealth management division, iA Financial Group provides retirement savings plans, mutual funds, segregated funds, and managed accounts.