The Globe and Mail reports in its Friday, Feb. 16, edition that National Bank analyst Jaeme Gloyn has reaffirmed his "outperform" recommendation for Intact Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn raised his share target to $245 from $250. Analysts on average target the shares at $233.27. Mr. Gloyn says in a note: "We viewed operating results as positive given solid organic top line growth and profitability performance across all lines, upside on net investment income and a 10-per-cent dividend increase. Commentary on the conference call reaffirmed our favourable view of the P&C insurance industry in 2024. We reiterate our view Intact merits a premium valuation given the track record of consistent execution to deliver 10-per-cent EPS growth and to outperform its competitors on ROE." The Globe reported on Jan. 25 that Desjardins Securities analyst Doug Young had rated Intact Financial "buy." In the item he said Intact was "well-positioned to grow organically and inorganically." It was then worth $208.29. The Globe reported on Feb. 6 that Mr. Gloyn was sticking with his "outperform" recommendation for Intact Financial when it could be had for $207.89.