Bullboard - Stock Discussion Forum Intact Financial Corp T.IFC.PR.F

Primary Symbol: T.IFC Alternate Symbol(s): IFCZF | T.IFC.PR.A | T.IFC.PR.C | INTAF | T.IFC.PR.E | INFFF | 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,... see more

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TSX:IFC - Post Discussion

Intact Financial Corp > BNS

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Post by retiredcf on Apr 12, 2022 8:12am

BNS

Hardly worth the effort. GLTA

After announcing a higher-than-anticipated first-quarter catastrophe loss estimate on Monday, Scotia’s Phil Hardie cut his Intact Financial Corp. target to $200 from $201 with a “sector outperform” rating. The average is $208.25.

“We remain constructive on Intact, given its defensive characteristics, solid growth outlook, and sustainable mid-teen ROE supported by a favourable pricing environment,” he said.

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