Intact Financial Co. (OTCMKTS:IFCZF) Given Consensus Rating of “Buy” by Brokerages

Shares of Intact Financial Co. (OTCMKTS:IFCZF) have earned an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating.

IFCZF has been the subject of several recent analyst reports. TD Securities restated a “buy” rating on shares of Intact Financial in a research report on Wednesday, February 11th. Barclays restated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a research report on Friday, January 30th.

Intact Financial Price Performance

Shares of IFCZF opened at $195.25 on Monday. The company’s fifty day simple moving average is $195.28 and its 200-day simple moving average is $196.21. Intact Financial has a twelve month low of $180.00 and a twelve month high of $256.31.

Intact Financial (OTCMKTS:IFCZF) last released its quarterly earnings results on Tuesday, February 10th. The company reported $3.95 EPS for the quarter, missing analysts’ consensus estimates of $4.65 by ($0.70). The company had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $5.93 billion.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.