Industrial-Alliance Life InsIAG.TODON'T BUYFeb 03, 2014Stock price when the opinion was issued
As of Jul 07, 2026. Market Open.
They focus more on personal insurance, but have been consolidating personal investment advisors with the largest network of advisors in Canada now. It trades at 9 times earnings and they are growing the dividend. It is cheaper than a Sunlife or Manulife. Yield 2.9%. (Analysts’ price target is $63.22)
Chart is showing a breakdown and is not looking good. Wasn’t unusual to see it dropping today, but there wasn’t a tremendous amount of volume. If it can’t hold at $42, he could see it easily going down to about $39. He would be positive if it broke above $45. It has to reverse and start an uptrend.