Industrial-Alliance Life InsIAG.TOHOLDNov 08, 2016Stock 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)
He likes the life insurance sector, and this company is part of that. Believes interest rates are going up and this company will probably benefit.