The Globe and Mail reports in its Thursday, Aug. 7, edition that National Bank Financial analyst Gabriel Dechaine is maintaining his "sector perform" rating for iA Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dechaine gave his share target a $5 boost to $146. Analysts on average target the shares at $148.67. Mr. Dechaine says in a note: "iA Financial delivered $200-million of internal capital generation, a rebound from Q1/25's figure of $125-million management had guided to acceleration over the course of the year, which puts the company back on track to achieve its full-year target of $650-million. iA Financial's deployable capital figure pro forma the RF acquisition was $900-million at Q2/25." After the bell on Tuesday, the Quebec-based company reported underlying earnings per share of $3.49, blowing past both Mr. Dechaine's $3.01 projection and the consensus expectation of $3.04. He attributed the beat to a 31-cent boost from experience gains across several business lines, noting it would have still yielded a beat with that item, "driven by non-insurance activities (a contribution of 10 cents more than anticipated) and credit performance (5 cents)."
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