Canaccord Genuity Keeps Their Hold Rating on IGM Financial (IGM)
A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Scott Chan CFA from Canaccord Genuity reiterated a Hold rating on IGM Financial (IGM), with a C$36 price target.
According to TipRanks.com, CFA is a 1-star analyst with an average return of -0.8% and a 46.0% success rate. CFA covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
IGM Financial has an analyst consensus of Hold, with a price target consensus of C$39.30.
The company has a one-year high of C$39.44 and a one-year low of C$29.84. Currently, IGM Financial has an average volume of 216.3K.
IGM Financial, Inc. operates as a financial services company, which engages in the management and distribution of mutual funds and other managed asset products. It operates through the following segments: Investors Group, Mackenzie Investments, and Corporate & Other.
The company’s shares closed on Friday at C$35.65.