RBC Capital Maintains Outperform on Intact Financial, Raises Price Target to C$228
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Geoffrey Kwan maintains an Outperform rating on Intact Financial (TSX:IFC) and raises the price target from C$227 to C$228.
October 20, 2023 | 4:04 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Intact Financial and raises the price target from C$227 to C$228.
The news is directly related to Intact Financial and is likely to have a positive impact on its stock price in the short term. The Outperform rating indicates that the analyst expects the company's stock to do better than the market average. Furthermore, the increase in the price target suggests that the analyst sees potential for the stock's price to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100