12:09:24 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Industrial Alliance Insurance and Financial S
Symbol IAG
Shares Issued 102,912,192
Close 2016-10-17 C$ 48.90
Market Cap C$ 5,032,406,189
Recent Sedar Documents

Globe says Industrial Alliance maintained at "hold"

2016-10-18 08:30 ET - In the News

The Globe and Mail reports in its Tuesday, Oct. 18, edition that Desjardins Securities analyst Doug Young says the third quarter results for Canadian lifecos will be "noisy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Young, however, says, "We anticipate good core EPS growth over the next year (core excludes accounting mark-to-market impacts) driven by acquisitions, turnaround of certain businesses, partnerships, growth in wealth management and expense efficiency initiatives." Mr. Young maintained his "buy" call on Industrial Alliance Insurance and Financial Services ($48.90), while hiking his price target to $52 from $48. Analysts on average target the shares at $48.40. Mr. Young maintained his "buy" call on Industrial Alliance in the Eye column on Jan. 19. The shares could then be had for $39.05. Canaccord Genuity analyst Gabriel Dechaine maintained his rating on Industrial Alliance at "hold" in the Eye column on Jan. 26. The shares were then worth $39.81. Credit Suisse analyst Kevin Choquette cut his rating on Industrial Alliance to "underperform" from "neutral" in the Eye column on Sept. 14. The shares could then be had for $45.98.

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