Research Analysts Issue Forecasts for Industrial Alliance Insur. & Fin. Ser.’s Q1 2019 Earnings (IAG)

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Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Equities research analysts at Desjardins issued their Q1 2019 earnings per share (EPS) estimates for shares of Industrial Alliance Insur. & Fin. Ser. in a research report issued on Monday, April 15th. Desjardins analyst D. Young expects that the company will earn $1.30 per share for the quarter. Desjardins also issued estimates for Industrial Alliance Insur. & Fin. Ser.’s Q2 2019 earnings at $1.49 EPS, Q3 2019 earnings at $1.55 EPS, Q4 2019 earnings at $1.56 EPS, FY2019 earnings at $5.89 EPS and FY2020 earnings at $6.40 EPS.

Several other equities analysts have also recently commented on the stock. BMO Capital Markets boosted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$62.00 in a research report on Friday, February 15th. TD Securities boosted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$61.00 to C$62.00 in a research report on Friday, February 15th. Canaccord Genuity boosted their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$60.00 to C$61.00 in a research report on Friday, February 15th. Finally, National Bank Financial dropped their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$58.00 to C$55.00 and set a “sector perform” rating for the company in a research report on Thursday, January 24th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Industrial Alliance Insur. & Fin. Ser. currently has a consensus rating of “Buy” and a consensus target price of C$60.50.

Shares of TSE:IAG opened at C$52.19 on Tuesday. The company has a market capitalization of $5.63 billion and a PE ratio of 9.34. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 38.44. Industrial Alliance Insur. & Fin. Ser. has a 12 month low of C$41.32 and a 12 month high of C$55.05.

Industrial Alliance Insur. & Fin. Ser. Company Profile

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments.

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Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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