IGM Financial Inc. (TSE:IGM - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$43.01 and traded as high as C$45.66. IGM Financial shares last traded at C$45.61, with a volume of 199,372 shares trading hands.
Analyst Ratings Changes
A number of research firms have commented on IGM. National Bankshares lifted their price objective on shares of IGM Financial from C$47.00 to C$50.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Scotiabank lifted their price objective on shares of IGM Financial from C$53.00 to C$56.00 in a research note on Friday, November 8th. CIBC lifted their price objective on shares of IGM Financial from C$47.00 to C$50.00 in a research note on Friday, November 8th. TD Securities lifted their price objective on shares of IGM Financial from C$51.00 to C$56.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group lifted their price objective on shares of IGM Financial from C$39.00 to C$45.00 and gave the company a "hold" rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$50.29.
Get Our Latest Report on IGM
IGM Financial Trading Down 2.1 %
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's 50 day moving average price is C$45.50 and its 200-day moving average price is C$43.07. The firm has a market capitalization of C$10.75 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 4.09 and a beta of 1.53.
IGM Financial Company Profile
(
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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.
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