Industrial Alliance Insur. & Fin. Ser. (IAG) PT Raised to C$60.00

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) had its price objective lifted by CSFB from C$57.00 to C$60.00 in a report published on Wednesday.

Several other equities analysts have also recently commented on the stock. Royal Bank Of Canada lifted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the stock a sector perform rating in a research report on Friday, August 4th. Scotiabank reissued a sector perform rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of C$61.00.

Industrial Alliance Insur. & Fin. Ser. (TSE IAG) opened at C$58.78 on Wednesday. Industrial Alliance Insur. & Fin. Ser. has a 1 year low of C$48.74 and a 1 year high of C$59.41.

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In other news, insider Michel Tremblay sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of C$56.33, for a total transaction of C$563,300.00. Also, Director Yvon Charest purchased 2,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were bought at an average price of C$52.90 per share, with a total value of C$105,800.00. In the last three months, insiders have acquired 10,200 shares of company stock worth $356,147.

About Industrial Alliance Insur. & Fin. Ser.

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