IGM Financial (TSE:IGM – Get Free Report) had its price objective raised by equities researchers at BMO Capital Markets from C$39.00 to C$40.00 in a research note issued to investors on Monday, BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 5.54% from the stock’s current price.
A number of other equities analysts also recently commented on IGM. National Bankshares boosted their price objective on shares of IGM Financial from C$44.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. CIBC boosted their price target on IGM Financial from C$42.00 to C$45.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Royal Bank of Canada raised their price objective on IGM Financial from C$44.00 to C$45.00 in a research report on Friday, May 3rd. TD Securities increased their price target on shares of IGM Financial from C$41.00 to C$42.00 in a research report on Thursday, April 25th. Finally, Scotiabank lifted their price objective on shares of IGM Financial from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 30th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$44.00.
View Our Latest Stock Report on IGM Financial
IGM Financial Trading Down 0.6 %
IGM Financial (TSE:IGM – Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The financial services provider reported C$0.84 earnings per share for the quarter, missing the consensus estimate of C$0.89 by C($0.05). IGM Financial had a net margin of 31.03% and a return on equity of 14.46%. The firm had revenue of C$768.80 million during the quarter, compared to the consensus estimate of C$773.00 million. Analysts expect that IGM Financial will post 3.711039 earnings per share for the current fiscal year.
IGM Financial Company Profile
IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.
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