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

Posted by on May 17th, 2026

IGM Financial Inc. (TSE:IGM – Get Free Report) has been assigned an average rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$73.75.

IGM has been the topic of several analyst reports. Scotiabank increased their price target on shares of IGM Financial from C$69.00 to C$76.00 in a research note on Tuesday, April 28th. TD Securities increased their price target on shares of IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce increased their price target on shares of IGM Financial from C$68.00 to C$76.00 in a research note on Wednesday, April 29th. BMO Capital Markets increased their price target on shares of IGM Financial from C$68.00 to C$72.00 in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada increased their price target on shares of IGM Financial from C$51.00 to C$65.00 and gave the stock a “sector perform” rating in a research note on Monday, January 26th.

Get Our Latest Stock Analysis on IGM

Insider Buying and Selling at IGM Financial

In other news, Director James Patrick O’sullivan sold 25,000 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of C$68.73, for a total transaction of C$1,718,250.00. Following the transaction, the director owned 38,229 shares in the company, valued at C$2,627,479.17. This represents a 39.54% decrease in their position. Also, insider Rhonda Goldberg sold 3,347 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$77.10, for a total transaction of C$258,053.70. Following the transaction, the insider owned 6,052 shares in the company, valued at approximately C$466,609.20. This trade represents a 35.61% decrease in their position. In the last 90 days, insiders have sold 101,031 shares of company stock worth $6,969,447. 66.58% of the stock is currently owned by company insiders.

IGM Financial Stock Down 0.9%

IGM stock opened at C$77.64 on Friday. IGM Financial has a 12-month low of C$42.13 and a 12-month high of C$78.43. The company has a quick ratio of 0.31, a current ratio of 1.36 and a debt-to-equity ratio of 81.91. The company has a market cap of C$18.19 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 4.09 and a beta of 0.97. The company has a 50 day moving average of C$69.78 and a two-hundred day moving average of C$64.62.

IGM Financial (TSE:IGM – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported C$1.20 EPS for the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. The company had revenue of C$1.00 million for the quarter. On average, equities analysts anticipate that IGM Financial will post 4.006816 earnings per share for the current fiscal year.

About IGM Financial

(Get Free Report)

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.

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Analyst Recommendations for IGM Financial (TSE:IGM)

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