Raymond James cuts target for Intact Financial stock to CAD 305.00

Published on 10/20/2026 at 19:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due on November 3, 2026. Intact Financial stock costs EUR 163.50 on October 20, 2026, while TSX IFC stood at CAD 258.19.

Target and reporting date

Raymond James cut its Intact Financial target from CAD 335.00 to CAD 305.00 on October 16, 2026.
Third-quarter results are scheduled for November 3, 2026, after the market closes.
Intact Financial stock was at EUR 163.50 at Lang & Schwarz on October 20, 2026 at 7:18 p.m. CEST.
Second-quarter 2026 revenue reached CAD 6.72 billion and net income was CAD 720.00 million.

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Raymond James cut its price target for Intact Financial from CAD 335.00 to CAD 305.00 on October 16, 2026, while keeping an outperform rating, according to MarketBeat. Intact Financial was at EUR 163.50 at Lang & Schwarz on October 20, 2026 at 7:18 p.m. CEST.

Target cut meets solid second quarter

The revised Raymond James target remains above the latest Toronto Stock Exchange quote of CAD 258.19 at 1:25 p.m. ET on October 20, 2026. The difference is CAD 46.81, or 18.13 percent above that quote, using the same Canadian-dollar basis.

Intact Financial reported CAD 6.72 billion of revenue and CAD 720.00 million of net income for the second quarter of 2026. Diluted earnings per share were CAD 3.90, compared with CAD 4.12 in the first quarter, while revenue declined from CAD 7.30 billion in the first quarter. The figures are consistent with the second-quarter call transcript published by Yahoo Finance.

Results date is November 3

Intact Financial is scheduled to release third-quarter 2026 results after the market closes on November 3, 2026. The company plans to hold its earnings call on November 4, 2026 at 11:00 a.m. ET, according to Financial Times.

For investors, the next test is whether catastrophe losses and underwriting margins alter the outlook embedded in the current analyst targets. The second-quarter transcript recorded a combined ratio of 94.9 and operating return on equity of 17 percent, while annual investment income expectations stood at CAD 1.70 billion.

Market value and insurance profile

Intact Financial had a market capitalization of CAD 45.5 billion on October 20, 2026. Its 52-week range was CAD 236.92 to CAD 305.52, placing the latest TSX quote CAD 47.33 above the low and CAD 47.33 below the target used by Raymond James. The company operates in property and casualty insurance across Canada, the United States, the United Kingdom, Ireland and other European markets.

Raymond James was not the only research firm to adjust its view in October. TD cut its target from CAD 345.00 to CAD 303.00 on October 14, 2026, while keeping a buy rating, according to MarketBeat. That target was CAD 44.81, or 17.36 percent, above the October 20 TSX quote.

Stock price in euros

Intact Financial was trading at EUR 163.50 at Lang & Schwarz on October 20, 2026 at 7:18 p.m. CEST. The Canadian listing was trading at CAD 258.19 at 1:25 p.m. ET on the Toronto Stock Exchange.

The further course of trading is shown by the continuously updated real-time quote of Intact Financial stock.