Barclays initiated coverage of Intact Financial (IFCZF) with an Overweight rating and C$312 price target The firm cites the company’s “strong” profitability profile and “unique positioning” as the largest property and casualty insurer in the Canadian market for the buy rating.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IFCZF:
- Intact Financial Corporation: Resilience, Strategic Positioning, and Market Outperformance Justify Buy Rating
- Intact Financial’s Earnings Call Highlights Growth and Challenges
- Intact Financial price target lowered to C$324 from C$329 at RBC Capital
- Intact Financial price target raised to C$339 from C$325 at Scotiabank
- Intact Financial price target raised to C$352 from C$350 at National Bank