Intact Financial (IFC:CA) Scotiabank Raises Target Forecast

Intact Financial (IFC:CA) Scotiabank Raises Target Forecast

Intact Financial (IFC:CA)

Analyst Update

Scotiabank raised its price target to $320.00, reflecting increased confidence in Intact’s earnings durability and pricing power across its Canadian and international insurance operations. The revision is driven by continued improvement in underwriting margins, disciplined rate increases, and easing claims inflation, which together are supporting stronger profitability and return on equity. Scotiabank also pointed to Intact’s diversified business mix, robust capital position, and prudent risk management as key factors underpinning stable cash generation and the company’s ability to navigate catastrophe volatility while sustaining long-term growth.

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