Industrial-Alliance Life InsIAG.TODON'T BUYJan 16, 2015Stock 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)
Similar to Manulife (MFC-T) or Sun Life (SLF-T) but much smaller. This is a space where you would benefit from buying the larger, higher-quality names at this time. You could buy this one in the later stages of recovery once the other 2 have started to become more expensive. Valuation is still quite cheap on the big names, and that is where he would start.