Intact Financial Co. (OTCMKTS:IFCZF) Receives Average Rating of “Buy” from Analysts

Intact Financial Co. (OTCMKTS:IFCZF) has been given a consensus rating of “Buy” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation.

Several equities research analysts have commented on the stock. Barclays reissued an “overweight” rating on shares of Intact Financial in a research report on Wednesday, November 5th. Jefferies Financial Group upgraded Intact Financial to a “buy” rating in a report on Tuesday, October 21st. Finally, National Bankshares restated an “outperform” rating on shares of Intact Financial in a research note on Monday, October 27th.

Intact Financial Stock Down 1.7%

Shares of IFCZF opened at $203.54 on Friday. Intact Financial has a twelve month low of $174.52 and a twelve month high of $256.31. The company has a 50 day moving average of $200.88 and a 200-day moving average of $203.58.

About Intact Financial

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.