IFC is likely to keep pushing higher

Intact financial stock price has been resilient and clearly maintained its upward momentum. IFC stock’s average yearly returns are almost 12.7% which makes sense given its low volatility.
Shares of Intact financial is likely to continue upward trend toward a price range between 220 and 250 by the end of 2023. If price falls between 184.8 and 190.5 it would make an attractive buying opportunity.
The worst-case scenario is to see IFC stock price trades between 165 and 178 by the end of 2023 which is a decline between 10 to 20% from current level.


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