Industrial-Alliance Life InsIAG.TOBUYApr 09, 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)
Has SLF and MFC. This one is less levered than SLF. A third of its revenues come from wealth management side. Revenue all from Canada. A more conservative name.