IGM Financial Inc. (OTCMKTS:IGIFF) Receives Consensus Recommendation of “Hold” from Analysts

IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report) has earned an average rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of equities analysts have recently weighed in on IGIFF shares. Scotiabank reiterated a “sector perform” rating on shares of IGM Financial in a report on Tuesday, April 28th. TD Securities reiterated a “buy” rating on shares of IGM Financial in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of IGM Financial in a report on Friday. BMO Capital Markets reissued a “market perform” rating on shares of IGM Financial in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of IGM Financial in a research report on Monday, May 11th.

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IGM Financial Stock Performance

OTCMKTS IGIFF opened at $58.70 on Monday. The business’s fifty day simple moving average is $56.49 and its 200-day simple moving average is $51.28. IGM Financial has a 52 week low of $31.16 and a 52 week high of $59.78.

IGM Financial Company Profile

(Get Free Report)

IGM Financial Inc is a Canada-based wealth and asset management company that provides a range of financial planning and investment solutions to individual and institutional clients. Through its wholly owned subsidiaries—IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel—the firm offers advisory services, mutual funds, segregated funds, and a suite of managed portfolio solutions designed to meet diverse investor needs. IGM’s business model centers on delivering fee-based and commission-based products through a network of financial advisors and distribution partners across Canada.

The company’s flagship arm, IG Wealth Management, operates one of the largest financial advisor networks in the country, offering advice on retirement planning, tax strategies, estate and legacy planning, and insurance products.

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