IGM Financial Inc. (TSE:IGM) Director Sells C$17,744.00 in Stock

IGM Financial Inc. (TSE:IGM - Get Free Report) Director Nancy Mccuaig sold 400 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$44.36, for a total transaction of C$17,744.00.

IGM Financial Price Performance

TSE:IGM traded up C$1.07 during trading hours on Friday, reaching C$45.59. 780,356 shares of the company were exchanged, compared to its average volume of 345,063. The company has a market capitalization of C$10.87 billion, a P/E ratio of 11.68, a P/E/G ratio of 4.09 and a beta of 1.53. IGM Financial Inc. has a 1-year low of C$32.95 and a 1-year high of C$47.96. The company has a debt-to-equity ratio of 97.24, a current ratio of 3.61 and a quick ratio of 0.31. The business has a 50 day moving average of C$45.32 and a 200 day moving average of C$43.33.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on IGM shares. Scotiabank increased their price target on IGM Financial from C$53.00 to C$56.00 in a research report on Friday, November 8th. TD Securities boosted their price objective on shares of IGM Financial from C$51.00 to C$56.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. CIBC raised their price target on shares of IGM Financial from C$47.00 to C$50.00 in a research report on Friday, November 8th. BMO Capital Markets boosted their price target on IGM Financial from C$47.00 to C$48.00 in a research note on Monday, February 10th. Finally, Jefferies Financial Group boosted their target price on IGM Financial from C$39.00 to C$45.00 and gave the stock a "hold" rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$50.29.

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IGM Financial Company Profile

IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.