A number of other equities analysts have also weighed in on the company. Barclays PLC upped their price objective on IGM Financial from C$36.00 to C$37.00 and gave the stock an underweight rating in a research note on Thursday, October 27th. Canaccord Genuity upped their price objective on IGM Financial from C$39.00 to C$39.50 and gave the stock a hold rating in a research note on Friday, January 6th. Royal Bank Of Canada upped their price objective on IGM Financial from C$39.00 to C$40.00 and gave the stock a sector perform rating in a research note on Friday, November 4th. TD Securities reaffirmed a hold rating and issued a C$39.00 price objective on shares of IGM Financial in a research note on Monday, November 7th. Finally, Desjardins dropped their price objective on IGM Financial from C$39.00 to C$38.00 and set a hold rating for the company in a research note on Wednesday, October 26th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock has an average rating of Hold and a consensus target price of C$40.42.
IGM Financial Inc. (TSE:IGM) had its target price increased by RBC Capital Markets from C$41.00 to C$42.00 in a research report released on Monday morning.
Shares of IGM Financial (TSE:IGM) traded up 1.73% on Monday, reaching $41.20. The company’s stock had a trading volume of 314,561 shares. IGM Financial has a 52-week low of $31.88 and a 52-week high of $41.27. The company has a price-to-earnings ratio of 12.92. The stock has a 50-day moving average of $39.86 and a 200 day moving average of $37.52.
IGM Financial Company Profile