IGM Financial Inc. (TSE:IGM) had its price objective hoisted by Scotiabank from C$39.00 to C$41.00 in a report issued on Monday. Scotiabank currently has a sector perform rating on the stock.

A number of other brokerages have also recently commented on IGM. RBC Capital Markets upped their price target on shares of IGM Financial from C$41.00 to C$42.00 in a research report on Monday. Desjardins set a C$41.00 price target on shares of IGM Financial and gave the company a hold rating in a research report on Monday. TD Securities upped their price target on shares of IGM Financial from C$42.00 to C$44.00 and gave the company a hold rating in a research report on Monday. Canaccord Genuity upped their price target on shares of IGM Financial from C$39.00 to C$39.50 and gave the company a hold rating in a research report on Friday, January 6th. Finally, Barclays PLC upped their price target on shares of IGM Financial from C$37.00 to C$39.00 and gave the company an underweight rating in a research report on Thursday, January 19th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of C$40.42.

Analyst Recommendations for IGM Financial (TSE:IGM)

IGM Financial (TSE:IGM) opened at 41.80 on Monday. IGM Financial has a 12-month low of $33.84 and a 12-month high of $41.93. The company has a market cap of $10.05 billion and a PE ratio of 13.10. The company’s 50-day moving average price is $40.13 and its 200-day moving average price is $37.67.

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IGM Financial Company Profile

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