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

Intact Financial Co. (OTCMKTS:IFCZF) has earned a consensus rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating.

A number of equities research analysts recently issued reports on IFCZF shares. TD Securities restated a “buy” rating on shares of Intact Financial in a research note on Wednesday, February 11th. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a research note on Friday, January 30th.

Intact Financial Price Performance

OTCMKTS IFCZF opened at $180.76 on Friday. Intact Financial has a 12 month low of $180.00 and a 12 month high of $256.31. The business has a fifty day simple moving average of $190.00 and a 200 day simple moving average of $194.85.

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

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.