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.)
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)
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.
(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.
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
In the last year, 1 stock analyst published opinions about IAG-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Industrial-Alliance Life Ins.
Industrial-Alliance Life Ins was recommended as a Top Pick by on . Read the latest stock experts ratings for Industrial-Alliance Life Ins.
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.
1 stock analyst on Stockchase covered Industrial-Alliance Life Ins In the last year. It is a trending stock that is worth watching.
On 2022-06-30, Industrial-Alliance Life Ins (IAG-T) stock closed at a price of $64.02.