Denis Ricard Acquires 2,000 Shares of Industrial Alliance Insur. & Fin. Ser. (IAG) Stock

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Denis Ricard acquired 2,000 shares of the business’s stock in a transaction dated Thursday, May 18th. The stock was purchased at an average cost of C$50.00 per share, for a total transaction of C$100,000.00.

Denis Ricard also recently made the following trade(s):

  • On Wednesday, March 8th, Denis Ricard sold 18,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was sold at an average price of C$57.37, for a total transaction of C$1,032,660.00.

Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) traded up 1.030% during mid-day trading on Friday, reaching $50.505. 123,203 shares of the company were exchanged. The stock has a 50-day moving average of $56.21 and a 200 day moving average of $55.82. The firm has a market capitalization of $5.36 billion and a P/E ratio of 9.731. Industrial Alliance Insur. & Fin. Ser. has a 1-year low of $38.52 and a 1-year high of $59.41.

Insider Buying and Selling by Quarter for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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A number of analysts recently commented on IAG shares. Scotiabank upgraded shares of Industrial Alliance Insur. & Fin. Ser. from an “underperform” rating to a “sector perform” rating in a research note on Thursday, May 11th. TD Securities lowered their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$62.00 to C$61.00 and set a “hold” rating for the company in a research note on Friday, May 12th. ValuEngine cut shares of Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 11th. Royal Bank of Canada lowered their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$58.00 to C$57.00 and set a “sector perform” rating for the company in a research note on Friday, May 12th. Finally, BMO Capital Markets lifted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$64.00 to C$65.00 in a research note on Friday, February 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of C$59.00.

Industrial Alliance Insur. & Fin. Ser. Company Profile

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