Desjardins Analysts Give IGM Financial Inc. (IGM) a C$41.00 Price Target

IGM Financial Inc. (TSE:IGM) received a C$41.00 price target from equities researchers at Desjardins in a report issued on Monday. The brokerage presently has a “hold” rating on the stock. Desjardins’ price objective indicates a potential upside of 1.23% from the stock’s previous close.

A number of other research firms have also weighed in on IGM. RBC Capital Markets raised their price objective on shares of IGM Financial from C$41.00 to C$42.00 in a research note on Monday. TD Securities lifted their price target on shares of IGM Financial from C$39.00 to C$41.00 in a research note on Friday, January 6th. Canaccord Genuity lifted their price target on shares of 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. Barclays PLC lifted their price target on shares of IGM Financial from C$37.00 to C$39.00 and gave the stock an “underweight” rating in a research note on Thursday, January 19th. Finally, Scotiabank reiterated a “sector perform” rating and issued a C$39.00 price target on shares of IGM Financial in a research note on Friday, November 4th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. IGM Financial has an average rating of “Hold” and a consensus price target of C$40.42.

Analyst Recommendations for IGM Financial (TSE:IGM)

IGM Financial (TSE:IGM) traded up 1.73% during trading on Monday, reaching $41.20. 309,142 shares of the company traded hands. The firm has a price-to-earnings ratio of 12.92. The firm’s 50 day moving average price is $39.86 and its 200 day moving average price is $37.52. IGM Financial has a 12-month low of $31.88 and a 12-month high of $41.27.

“Desjardins Analysts Give IGM Financial Inc. (IGM) a C$41.00 Price Target” was first reported by sleekmoney and is the property of of sleekmoney. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be viewed at http://sleekmoney.com/desjardins-analysts-give-igm-financial-inc-igm-a-c41-00-price-target/1658529.html.

About IGM Financial

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/desjardins-analysts-give-igm-financial-inc-igm-a-c41-00-price-target/1658529.html

Receive News & Ratings for IGM Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IGM Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *