Intact Financial (OTCMKTS:IFCZF) Shares Gap Up – Still a Buy?

by · The Markets Daily

Intact Financial Co. (OTCMKTS:IFCZF – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $203.67, but opened at $216.51. Intact Financial shares last traded at $207.42, with a volume of 48 shares changing hands.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on IFCZF shares. Barclays restated an “overweight” rating on shares of Intact Financial in a report on Wednesday, November 5th. Jefferies Financial Group raised Intact Financial to a “buy” rating in a research report on Tuesday, October 21st. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Intact Financial in a report on Monday, October 27th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on IFCZF

Intact Financial Trading Up 1.2%

The company has a 50-day moving average of $196.22 and a 200 day moving average of $205.60.

Intact Financial Company Profile

(Get Free Report)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.

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