The Globe and Mail reports in its Thursday, Nov. 7, edition that National Bank Financial analyst Jaeme Gloyn is keeping his "outperform" call on Intact Financial intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn tweaked his share target forward by $2 to $296. Analysts on average target the shares at $277.14. Mr. Gloyn says in a note: "A very resilient quarter from Intact, given an impressive ROE of 16 per cent (last 12 months) despite huge catastrophe losses (22 percentage points) vs. street at 15 per cent and Q3-23 at 12 per cent. The EPS beat was driven by excellent underwriting, excluding catastrophe losses, as the current year loss ratio of 55 per cent improved from 57 per cent in Q3-23. As a result, the combined of 104 per cent beat the street at 108 per cent, as all lines outperformed. Further demonstrating the underwriting strength, all lines delivered at least in-line current year loss ratio performance (except UK&I). Personal Property and Commercial Canada highlighted the quarter with 5 percentage point current-year loss ratio beats, each. ... Overall, a robust quarter that supports the continued upward trajectory in the share price."