11:48:29 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



iA Financial Corp Inc
Symbol IAG
Shares Issued 103,213,809
Close 2023-05-12 C$ 85.16
Market Cap C$ 8,789,687,974
Recent Sedar Documents

Globe says Desjardins maintains iA Financial at "buy"

2023-05-14 08:03 ET - In the News

The Globe and Mail reports in its Friday, May 12, edition that Desjardins Securities analyst Doug Young has an unchanged "buy" recommendation ono iA Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Young gave his share target a $3 trim to $95. Analysts on average target the shares $98.56. Mr. Young says in a note: "Core EPS was below our estimate and consensus, and the weaker U.S. dealer services results will likely linger for a few quarters, in our view. We lowered our EPS estimates and dropped our target price. ... All that said, given the 8-per-cent drop in its stock price [Wednesday,] we believe various concerns are baked into expectations." The Globe reported on April 27, 2022, that CIBC World Markets analyst Paul Holden had lowered his recommendation for iA Financial to "neutral" from "outperformer." The shares could then be had for $68.38. The Globe reported on Oct. 27, 2022, that Mr. Holden was sticking with his "neutral" call when the shares could be had for $75.67. The Globe reported on Feb. 17, 2023, that Mr. Holden had upgraded iA Financial back to "outperformer." The shares were then going for $89.34.

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