TSE:IAG
72.18
2.08
(2.97%)
Industrial Alliance is a Canadian insurance company with a diversified business ranging from wealth management to group pensions.
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Analysis and Opinions about IAG-T
Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
November 13, 2020
A Quebec based financial services, insurance, financial advice and brokerage. They have been caught up in the brought sell-off in financial stocks. Interest rates being low has hurt them. However, he sees interest rates rising as the economy improves. Top 3% on valuation, 8x PE, 4x cashflow and 1x book value. It is cheap with a 3.5% yield. (Analysts’ price target is $61.25)
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A Quebec based financial services, insurance, financial advice and brokerage. They have been caught up in the brought sell-off in financial stocks. Interest rates being low has hurt them. However, he sees interest rates rising as the economy improves. Top 3% on valuation, 8x PE, 4x cashflow and 1x book value. It is cheap with a 3.5% yield. (Analysts’ price target is $61.25)
PAST TOP PICK
PAST TOP PICK
August 12, 2020
(A Top Pick Jun 26/19, Down 3%) Financials have been punished. Still holds it because of the valuation, trading below book value. Solid balance sheet. Will benefit from a reflation trade or rates moving higher. Payout ratio of only 27% with a yield of 4.1%.
Show full opinionHide full opinion(A Top Pick Jun 26/19, Down 3%) Financials have been punished. Still holds it because of the valuation, trading below book value. Solid balance sheet. Will benefit from a reflation trade or rates moving higher. Payout ratio of only 27% with a yield of 4.1%.
PAST TOP PICK
PAST TOP PICK
June 4, 2020
(A Top Pick Jul 26/19, Down 10%) It sold off in sympathy to other financial stocks and has not yet fully recovered. It has good valuation and price momentum is improving. This whole group should be beneficiaries to a return to work.
Show full opinionHide full opinion(A Top Pick Jul 26/19, Down 10%) It sold off in sympathy to other financial stocks and has not yet fully recovered. It has good valuation and price momentum is improving. This whole group should be beneficiaries to a return to work.
BUY WEAKNESS
BUY WEAKNESS
February 13, 2020
Over the last year you have seen a significant growth. It is on his radar screen. The securities side and the banking side are both doing well. He would be interested if it pulled back.
Show full opinionHide full opinionOver the last year you have seen a significant growth. It is on his radar screen. The securities side and the banking side are both doing well. He would be interested if it pulled back.
WATCH
WATCH
February 6, 2020
It has fundamentally traded between two price-to-book break points: 1 times adjusted book and 60% of book. It has traded between these points for a very long time. It is getting up there so don't buck history. Don't bail now but look again at $279.
Show full opinionHide full opinionIt has fundamentally traded between two price-to-book break points: 1 times adjusted book and 60% of book. It has traded between these points for a very long time. It is getting up there so don't buck history. Don't bail now but look again at $279.
TOP PICK
TOP PICK
July 26, 2019
Will do well if interest rates go up. A lifeco that offers financial services. Scores in the top 25% of valuation with decent price momentum and volatility. (Analysts’ price target is $60.89)
Show full opinionHide full opinionWill do well if interest rates go up. A lifeco that offers financial services. Scores in the top 25% of valuation with decent price momentum and volatility. (Analysts’ price target is $60.89)
PAST TOP PICK
PAST TOP PICK
July 4, 2019
(A Top Pick Jul 25/18, Up 5%) They have been growing their wealth management business. It is cheap and well managed out of Quebec city.
Show full opinionHide full opinion(A Top Pick Jul 25/18, Up 5%) They have been growing their wealth management business. It is cheap and well managed out of Quebec city.
HOLD
HOLD
June 28, 2019
Pretty significant resistance point right now. Difficult to get above. Don't add to it now, but don't sell either. Looks OK in the short or medium term. If it gets above $54, could get to $57. If it gets down to $50, start reducing your position.
Show full opinionHide full opinionPretty significant resistance point right now. Difficult to get above. Don't add to it now, but don't sell either. Looks OK in the short or medium term. If it gets above $54, could get to $57. If it gets down to $50, start reducing your position.
HOLD
HOLD
May 28, 2019
Cheap but for a reason. It is smaller and more regional in Quebec than Manulife. Probably going to stay cheaper.
Show full opinionHide full opinionCheap but for a reason. It is smaller and more regional in Quebec than Manulife. Probably going to stay cheaper.
HOLD
HOLD
May 10, 2019
There have been other opportunities that have kept him away. In his to 70% for valuation. Trades at 1.1 book value. The dividend is safe. A good long term hold. Yield 3%.
Show full opinionHide full opinionThere have been other opportunities that have kept him away. In his to 70% for valuation. Trades at 1.1 book value. The dividend is safe. A good long term hold. Yield 3%.
TOP PICK
TOP PICK
August 24, 2018
An unknown insurance company. Undervalued. Has a well positioned distribution network. Trades at a discount to its peers. Gives you insurance exposure in the financial services asset class. Still a growth story. Yield is 3.1% (Analysts' price target is $63.67.)
An unknown insurance company. Undervalued. Has a well positioned distribution network. Trades at a discount to its peers. Gives you insurance exposure in the financial services asset class. Still a growth story. Yield is 3.1% (Analysts' price target is $63.67.)
TOP PICK
TOP PICK
July 25, 2018
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)
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)
COMMENT
COMMENT
July 20, 2018
The fact that interest rates have been very low had affected the insurance industry. Not an expensive stock. Trading at 9.5 times earnings. Headwinds against these businesses is where interest rates go. He would look at other players in the industry with much more diversified businesses and better chances of growing.
The fact that interest rates have been very low had affected the insurance industry. Not an expensive stock. Trading at 9.5 times earnings. Headwinds against these businesses is where interest rates go. He would look at other players in the industry with much more diversified businesses and better chances of growing.
PAST TOP PICK
PAST TOP PICK
April 5, 2018
(A Top Pick Jan 16/17, Down 0.98%) They have been growing and adding to their business. It is kind of in no man’s land here at present.
(A Top Pick Jan 16/17, Down 0.98%) They have been growing and adding to their business. It is kind of in no man’s land here at present.
TOP PICK
TOP PICK
March 28, 2018
This is the fourth largest insurer. He thinks they have more than enough adequate capital to pass the required stress tests. It trades at 10 times earnings and has a good platform in life, health and employee insurance. Well-run company out of Quebec City. Yield 2.9%. (Analysts’ price target is $65.11 )
This is the fourth largest insurer. He thinks they have more than enough adequate capital to pass the required stress tests. It trades at 10 times earnings and has a good platform in life, health and employee insurance. Well-run company out of Quebec City. Yield 2.9%. (Analysts’ price target is $65.11 )
Industrial-Alliance Life Ins(IAG-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Industrial-Alliance Life Ins(IAG-T) Frequently Asked Questions
What is Industrial-Alliance Life Ins stock symbol?
Industrial-Alliance Life Ins is a Canadian stock, trading under the symbol IAG-T on the Toronto Stock Exchange (IAG-CT). It is usually referred to as TSX:IAG or IAG-T
Is Industrial-Alliance Life Ins a buy or a sell?
In the last year, 2 stock analysts published opinions about IAG-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Industrial-Alliance Life Ins.
Is Industrial-Alliance Life Ins a good investment or a top pick?
Industrial-Alliance Life Ins was recommended as a Top Pick by Jason Mann on 2020-11-13. Read the latest stock experts ratings for Industrial-Alliance Life Ins.
Why is Industrial-Alliance Life Ins stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Industrial-Alliance Life Ins worth watching?
2 stock analysts on Stockchase covered Industrial-Alliance Life Ins In the last year. It is a trending stock that is worth watching.
What is Industrial-Alliance Life Ins stock price?
On 2021-05-14, Industrial-Alliance Life Ins (IAG-T) stock closed at a price of $72.18.
