TSE:IDG - Indigo Books & Music Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$10.00
  • Forecasted Upside: 172.48 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$3.67
▼ -0.02 (-0.54%)

This chart shows the closing price for IDG by one month, three months, or twelve months.

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Analyst Price Target for IDG

Analyst Price Target is C$10.00
▲ +172.48% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Indigo Books & Music in the last 3 months. The average price target is C$10.00, with a high forecast of C$10.00 and a low forecast of C$10.00. The average price target represents a 172.48% upside from the last price of C$3.67.

This chart shows the closing price for IDG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in Indigo Books & Music.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/17/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/15/2020
  • 0 strong buy ratings
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  • 0 sell ratings
12/14/2020
  • 0 strong buy ratings
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  • 0 sell ratings
3/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
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  • 0 sell ratings
6/12/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/10/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/9/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/18/2021CormarkBoost Price TargetC$8.00 ➝ C$10.00
6/3/2021CormarkBoost Price TargetOutperformC$6.30 ➝ C$8.00
2/8/2021CormarkBoost Price TargetC$3.90 ➝ C$6.30
11/5/2020CormarkBoost Price TargetC$2.70 ➝ C$3.90
8/11/2020CormarkBoost Price TargetC$2.40 ➝ C$2.70
6/26/2020CormarkLower Price TargetC$5.15 ➝ C$2.40
4/7/2020CormarkLower Price TargetC$8.00 ➝ C$5.15
9/13/2019CormarkLower Price TargetC$15.00 ➝ C$9.00
2/7/2019CormarkLower Price TargetC$19.00 ➝ C$17.50
5/31/2018CormarkLower Price TargetC$26.00 ➝ C$25.00
(Data available from 12/9/2016 forward)

News Sentiment Rating

0.72 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
5/13/2021
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/12/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
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7/12/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/11/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/10/2021
  • 2 very positive mentions
  • 0 positive mentions
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  • 0 very negative mentions
10/10/2021
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/9/2021
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/9/2021

Current Sentiment

  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Indigo Books & Music logo
Indigo Books & Music Inc., together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. It also offers books, toys, gifts, baby, kids, wellness, lifestyle, living, fashion, paper, home, and electronics products. The company provides its products under the OUI STUDIO, OUI Design Auria, LOVE & LORE, nóta, Wonder Co., Mini Maison, and The Littlest brands. As of April 3, 2021, it operated 88 superstores under the Chapters and Indigo banners; 89small format stores under the Coles, Indigospirit, and The Book Company banners; and one store in Short Hills, New Jersey. The company also sells its products through the indigo.ca and thoughtfull.co websites; and mobile applications. Indigo Books & Music Inc. was founded in 1940 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$3.67
Low: C$3.64
High: C$3.78

50 Day Range

MA: C$3.78
Low: C$3.32
High: C$4.34

52 Week Range

Now: C$3.67
Low: C$2.81
High: C$5.25

Volume

4,876 shs

Average Volume

27,147 shs

Market Capitalization

C$100.24 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Indigo Books & Music?

The following Wall Street analysts have issued research reports on Indigo Books & Music in the last year: Cormark.
View the latest analyst ratings for IDG.

What is the current price target for Indigo Books & Music?

1 Wall Street analysts have set twelve-month price targets for Indigo Books & Music in the last year. Their average twelve-month price target is C$10.00, suggesting a possible upside of 172.5%. Cormark has the highest price target set, predicting IDG will reach C$10.00 in the next twelve months. Cormark has the lowest price target set, forecasting a price of C$10.00 for Indigo Books & Music in the next year.
View the latest price targets for IDG.

What is the current consensus analyst rating for Indigo Books & Music?

Indigo Books & Music currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IDG will outperform the market and that investors should add to their positions of Indigo Books & Music.
View the latest ratings for IDG.

What other companies compete with Indigo Books & Music?

How do I contact Indigo Books & Music's investor relations team?

Indigo Books & Music's physical mailing address is 468 King St W Suite 500, TORONTO, ON M5V 1L8, Canada. The company's listed phone number is +1-416-3644499. The official website for Indigo Books & Music is www.chapters.indigo.ca.