Intact Financial Corp IFTPF

Primary Symbol: T.IFC Alternate Symbol(s): IFCZF | INFFF | T.IFC.P.A | INTAF | T.IFC.P.C | T.IFC.P.E | T.IFC.P.F | T.IFC.P.G | T.IFC.P.I | T.IFC.P.K

Financial Services Insurance - Property & Casualty

Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers.

TSX:IFC - Post by User

Intact Financial Corp > Speaking of acquisitions

<< Previous

Bullboard Posts

Next >>

Comment by tbnorthstaron Nov 10, 2020 10:39am

182 Views

Post# 31869908

RE:RE:RE:RE:RE:Speaking of acquisitions

The pros are walking this down to position it for the equity deal. Share price in this rising market should probably close to 150 right now. Will give them credit, they are good at what they do. I view the next few months as a buying opportunity. The deal (if completed) should be highly accretive. Would not be surprised to see a 170 handle on the stock in two, three years. That and 7-9% annual dividend increases should make present shareholders happy.

<< Previous

Bullboard Posts

Next >>

Fortune Minerals receives funding for NICO project development