Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) was up 0.3% during mid-day trading on Monday . The company traded as high as C$52.81 and last traded at C$52.59. Approximately 88,744 shares changed hands during trading, a decline of 62% from the average daily volume of 235,072 shares. The stock had previously closed at C$52.44.

A number of equities research analysts have issued reports on IAG shares. Canaccord Genuity boosted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$63.00 in a report on Monday, April 29th. Royal Bank of Canada reduced their price target on shares of Industrial Alliance Insur. & Fin. Ser. from C$66.00 to C$64.00 and set an “outperform” rating for the company in a research report on Friday, May 10th. Finally, National Bank Financial reduced their price target on shares of Industrial Alliance Insur. & Fin. Ser. from C$55.00 to C$54.00 and set a “sector perform” rating for the company in a research report on Friday, May 10th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$60.43.

The company’s 50-day simple moving average is C$51.56. The stock has a market cap of $5.69 billion and a PE ratio of 9.23. The company has a debt-to-equity ratio of 37.84, a current ratio of 0.50 and a quick ratio of 0.27.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) last released its quarterly earnings results on Thursday, May 9th. The company reported C$1.28 EPS for the quarter, missing analysts’ consensus estimates of C$1.32 by C($0.04). The firm had revenue of C$4.93 billion for the quarter. Sell-side analysts anticipate that Industrial Alliance Insur. & Fin. Ser. will post 4.8 EPS for the current year.

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Industrial Alliance Insur. & Fin. Ser. Company Profile (TSE:IAG)

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.

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