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

IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report) has earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several analysts have recently weighed in on IGIFF shares. BMO Capital Markets reiterated a “market perform” rating on shares of IGM Financial in a research report on Wednesday, July 15th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of IGM Financial in a research report on Friday, July 31st. Scotiabank restated a “sector perform” rating on shares of IGM Financial in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of IGM Financial in a report on Friday, July 31st.

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IGM Financial Stock Performance

Shares of IGIFF stock opened at $60.22 on Friday. The firm has a fifty day moving average of $62.55 and a 200-day moving average of $56.89. IGM Financial has a 52-week low of $36.09 and a 52-week high of $65.17.

IGM Financial Company Profile

(Get Free Report)

IGM Financial Inc is a Canadian wealth and asset management company headquartered in Winnipeg, Manitoba. The company provides financial planning, investment management and related services to individuals, families, institutions and other clients through a range of specialized businesses.

Its principal operations include IG Wealth Management, which offers financial advice, retirement planning, insurance and investment products through a network of advisors, and Mackenzie Investments, an asset manager that provides mutual funds, exchange-traded funds, separately managed accounts and other investment solutions.

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