Intact Financial Corp T.IFC

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

Financial Services Insurance - Property & Casualty

Intact Financial Corporation is a Canada-based company, which is a provider of property and casualty insurance. Its Canada segment is engaged in underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly to consumers. Its UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to businesses in the United Kingdom, Europe, and Ireland as well as internationally. It distributes insurance through a network of affinity partners and brokers, or directly to consumers. Its US segment is engaged in underwriting of speciality contracts, mainly to small to medium-sized businesses in the United States. It distributes insurance through independent agencies, brokers, wholesalers and managing general agencies. It also offers an app-based service that connects homeowners with local service professionals to provide various home maintenance tasks.

TSX:IFC - Post by User

Intact Financial Corp > Speaking of acquisitions

<< Previous

Bullboard Posts

Next >>

Comment by tbnorthstaron Nov 10, 2020 10:39am

230 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 >>

Advancing flagship Ishkõday Gold Project in Ontario