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iA Financial Corp Inc
Symbol IAG
Shares Issued 92,143,563
Close 2025-11-06 C$ 162.12
Market Cap C$ 14,938,314,434
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Globe says iA Financial maintained at "sector perform"

2025-11-07 07:20 ET - In the News

The Globe and Mail reports in its Friday, Nov. 7, edition that RBC Capital Markets analyst Darko Mihelic continues to rate iA Financial "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Mihelic's share target soared $16 to $167. Analysts on average target the shares at $174,57. Mr. Mihelic says in a note: "Q3/25 was strong though in line with our estimates. Wealth had mutual fund net inflows for the first time since Q1/22 and strong AUM growth which we view as positives. Capital available for deployment remains solid pro forma the RF Capital acquisition/revised CARLI, and we view the NCIB renewal favourably. We believe iA Financial will comfortably produce ROEs in the range of 17 per cent and even higher when equity markets and interest rates cooperate. A higher multiple is warranted, but the current stock price reflects a historically low risk premium." The Globe reported on April 16 that Mr. Mihelic continued to rank iA Financial "sector perform." The shares could then be had for $126.76. The Globe reported on Nov. 6 that TD Cowen analyst Mario Mendonca continued to rate iA Financial "buy." The shares were then going for $162.85.

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