What Will Happen to Industrial Alliance Insur. & Fin. Ser. Next? The Stock Just Declined A Lot

 What Will Happen to Industrial Alliance Insur. & Fin. Ser. Next? The Stock Just Declined A Lot

The stock of Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) is a huge mover today! About 82,157 shares traded hands. Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) has risen 43.28% since April 12, 2016 and is uptrending. It has outperformed by 38.60% the S&P500.
The move comes after 7 months negative chart setup for the $5.70 billion company. It was reported on Nov, 16 by Barchart.com. We have $50.63 PT which if reached, will make TSE:IAG worth $456.00M less.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) Ratings Coverage

Out of 4 analysts covering Industrial Alliance (TSE:IAG), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $57 is the highest target while $2.50 is the lowest. The $52 average target is -5.51% below today’s ($55.03) stock price. Industrial Alliance has been the topic of 25 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets on Wednesday, June 15 with “Sector Perform”. The stock of Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) earned “Sector Perform” rating by Scotia Capital on Wednesday, June 15. TD Securities maintained Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) rating on Wednesday, June 15. TD Securities has “Buy” rating and $46 price target.

Industrial Alliance Insurance and Financial Services Inc. is a Canada company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial services and products. The company has a market cap of $5.70 billion.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags:

Related posts

Leave a Comment