Stifel Nicolaus Increases IAMGOLD (TSE:IMG) Price Target to C$5.25

IAMGOLD (TSE:IMG) (NYSE:IAG) had its price target hoisted by Stifel Nicolaus from C$3.00 to C$5.25 in a report released on Friday, BayStreet.CA reports.

Several other equities analysts have also commented on IMG. National Bank Financial restated a sector perform spec overwgt rating on shares of IAMGOLD in a report on Monday, April 8th. Bank of America lifted their price objective on shares of IAMGOLD from C$4.40 to C$6.20 in a report on Tuesday, April 9th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average target price of C$4.92.

IAMGOLD Stock Down 5.1 %

Shares of TSE:IMG opened at C$4.79 on Friday. The business has a fifty day moving average of C$4.23 and a two-hundred day moving average of C$3.62. The company has a quick ratio of 1.19, a current ratio of 1.20 and a debt-to-equity ratio of 42.05. The stock has a market cap of C$2.38 billion, a P/E ratio of 19.96, a PEG ratio of -0.28 and a beta of 1.44. IAMGOLD has a 52-week low of C$2.71 and a 52-week high of C$5.38.

IAMGOLD (TSE:IMG) (NYSE:IAG) last released its quarterly earnings data on Thursday, February 15th. The mining company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.06. IAMGOLD had a return on equity of 4.36% and a net margin of 9.55%. The firm had revenue of C$405.19 million for the quarter. On average, research analysts expect that IAMGOLD will post 0.0746963 earnings per share for the current year.

IAMGOLD Company Profile

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.