IGM Financial Inc. (OTCMKTS:IGIFF) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of IGM Financial Inc. (OTCMKTS:IGIFF) have been assigned an average rating of “Hold” from the six analysts that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

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

IGM Financial Price Performance

IGM Financial stock opened at $59.20 on Friday. The company’s fifty day moving average price is $62.44 and its 200 day moving average price is $57.29. IGM Financial has a 1 year low of $36.73 and a 1 year high of $65.17.

IGM Financial Company Profile

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.