IGM Financial (TSE:IGM - Get Free Report) had its price objective dropped by stock analysts at Jefferies Financial Group from C$47.00 to C$42.00 in a research note issued to investors on Monday,BayStreet.CA reports. Jefferies Financial Group's price target points to a potential upside of 2.19% from the stock's previous close.
Other research analysts have also recently issued reports about the company. TD Securities boosted their target price on 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. BMO Capital Markets cut their price target on shares of IGM Financial from C$48.00 to C$47.00 in a research report on Thursday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$49.71.
Check Out Our Latest Stock Analysis on IGM Financial
IGM Financial Price Performance
IGM Financial stock traded down C$0.97 during trading hours on Monday, hitting C$41.10. 46,006 shares of the stock were exchanged, compared to its average volume of 345,358. The business's 50-day moving average is C$43.79 and its two-hundred day moving average is C$44.47. The company has a debt-to-equity ratio of 97.24, a quick ratio of 0.31 and a current ratio of 3.61. IGM Financial has a 12 month low of C$33.50 and a 12 month high of C$47.96. The stock has a market capitalization of C$9.80 billion, a P/E ratio of 10.53, a P/E/G ratio of 4.09 and a beta of 1.53.
About IGM Financial
(
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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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