Risk factor
Low price volatility
Profitability factor
Good growth
About
iA Financial Corporation Inc., operating primarily through its subsidiary Industrial Alliance Insurance and Financial Services Inc., delivers a comprehensive array of life and health insurance products to clients across Canada and the United States. The company organizes its operations into several key divisions: Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other activities. For individual customers, iA offers vital coverage including life, health, disability, and mortgage insurance. It also supports personal financial goals through various wealth management services, such as savings plans, securities brokerage, trust operations, and mutual funds. Its group segment provides a wide spectrum of insurance solutions, spanning accidental death and dismemberment, dental care, and both short and long-term disability coverage for employee benefit plans. Furthermore, the company caters to dealer services by offering creditor and replacement insurance, alongside replacement and extended warranties, and other specialized products. iA Financial also administers group savings plans, retirement programs, and segregated funds. Beyond these core services, the corporation extends its offerings to include auto and home insurance policies, in addition to providing asset management and diverse financing solutions. Established in 1892, the company maintains its headquarters in Québec, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of IAG.TO is 177 and suggests 1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec