Tuesday 26 February 2013

Weekly Industrial Alliance (IAG) stock rating prices target

Weekly Industrial Alliance (IAG) stock rating prices target : A number of firms have modified their ratings and price targets on shares of Industrial Alliance (TSE: IAG) recently:

  •     Industrial Alliance Insurance had its price target raised by analysts at TD Securities from $34.00 to $38.00. They now have a “hold” rating on the stock.
        Industrial Alliance Insurance had its price target raised by analysts at CIBC from $35.00 to $41.00.
        Industrial Alliance Insurance had its price target raised by analysts at National Bank Financial from $30.00 to $37.00.
        Industrial Alliance Insurance had its price target raised by analysts at RBC Capital from $29.00 to $35.00. They now have a “sector perform” rating on the stock.

  •     Industrial Alliance Insurance had its “sector underperform” rating reaffirmed by analysts at Scotiabank.
        Industrial Alliance Insurance was upgraded by analysts at National Bank Financial from an “underperform” rating to a “sector perform” rating.
  •     Industrial Alliance Insurance was downgraded by analysts at Canaccord Genuity from a “buy” rating to a “hold” rating. They now have a $40.00 price target on the stock, down previously from $42.00.
  •     Industrial Alliance Insurance had its “sector perform” rating reaffirmed by analysts at CIBC. They now have a $11.00 price target on the stock, down previously from $19.00.

Shares of Industrial Alliance opened at 36.40 on Tuesday. Industrial Alliance has a one year low of $20.55 and a one year high of $39.20. The stock’s 50-day moving average is currently $35.05. The company has a market cap of $3.309 billion and a P/E ratio of 10.60.

Industrial Alliance Insurance and Financial Services Inc. (Industrial Alliance) is a life and health insurance company.


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