Intact traded at 263.02 this Friday May 15th, increasing 5.50 or 2.14 percent since the previous trading session. Looking back, over the last four weeks, Intact gained 2.23 percent. Over the last 12 months, its price fell by 12.10 percent. Looking ahead, we forecast Intact to be priced at 257.55 by the end of this quarter and at 241.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Intact Financial Corporation is a Canada-based company, which provides property and casualty, and specialty insurance. It operates through Canada, U.S., and Corporate and Other segments. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses. The U.S. segment is engaged in the underwriting of specialty insurance contracts to small and midsize businesses in the United States (US). The Corporate and Other segment includes investment management, treasury and capital management, and other corporate activities. Its lines of business include personal auto, personal property, commercial lines Canada and commercial lines U.S. Personal auto business offers various levels of coverage to its customers for their vehicles including accident benefits, third party property and physical damage. The personal property business offers protection for homes and contents from risks such as fire, theft and other damages.