TSE:IAG
73.76
0.76
(1.04%)
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
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 opinion
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)
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 )
TOP PICK
TOP PICK
January 16, 2017
He believes we are in a rising interest rate environment and you want to own financials in this environment. It qualifies in valuation, price momentum and volatility. He likes MFC-T and it did well as a Top Pick. He likes all three.
He believes we are in a rising interest rate environment and you want to own financials in this environment. It qualifies in valuation, price momentum and volatility. He likes MFC-T and it did well as a Top Pick. He likes all three.
BUY WEAKNESS
BUY WEAKNESS
December 30, 2016
Doesn’t own any of the insurance companies. They’ve done well in the last little while because of what has happened with interest rates. If we continue to see this kind of interest rate environment, they will continue to do well. You probably want to wait for a pullback before buying.
Doesn’t own any of the insurance companies. They’ve done well in the last little while because of what has happened with interest rates. If we continue to see this kind of interest rate environment, they will continue to do well. You probably want to wait for a pullback before buying.
HOLD
HOLD
November 8, 2016
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.
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.
COMMENT
COMMENT
August 19, 2016
This is on the life insurance side as well as money management, mutual funds, etc. Lifecos are really challenged in operating in this low interest rate environment. This doesn’t meet his criteria.
This is on the life insurance side as well as money management, mutual funds, etc. Lifecos are really challenged in operating in this low interest rate environment. This doesn’t meet his criteria.
DON'T BUY
DON'T BUY
July 13, 2016
They are doing a good job. It has broken above its 50 day moving average. The trend is in a non-aggressive down trend. It is near the top of its channel.
They are doing a good job. It has broken above its 50 day moving average. The trend is in a non-aggressive down trend. It is near the top of its channel.
