IGM Financial - IGM Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$45.13
  • Forecasted Upside: 8.40%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$41.63
+0 (0.00%)

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

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Analyst Price Target for IGM

Analyst Price Target is C$45.13
▲ +8.40% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for IGM Financial in the last 3 months. The average price target is C$45.13, with a high forecast of C$57.00 and a low forecast of C$38.00. The average price target represents a 8.40% upside from the last price of C$41.63.

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

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Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in IGM Financial. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
8/7/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/5/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
2/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
5/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
8/2/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/30/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/29/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/25/2023ScotiabankBoost TargetC$44.00 ➝ C$45.00
1/24/2023CIBCBoost TargetC$44.00 ➝ C$50.00
1/23/2023BarclaysBoost TargetC$36.00 ➝ C$38.00
1/16/2023BMO Capital MarketsLower TargetC$54.00 ➝ C$44.00
11/8/2022BarclaysBoost TargetC$35.00 ➝ C$36.00
11/7/2022TD SecuritiesDowngradeBuy ➝ HoldC$41.00 ➝ C$40.00
11/4/2022ScotiabankBoost TargetC$42.00 ➝ C$44.00
11/2/2022BarclaysLower TargetC$39.00 ➝ C$36.00
10/24/2022Royal Bank of CanadaLower TargetC$44.00 ➝ C$42.00
10/6/2022National BanksharesLower TargetOutperformC$48.00 ➝ C$45.00
8/8/2022BarclaysBoost TargetC$38.00 ➝ C$39.00
8/5/2022National BanksharesLower TargetOutperformC$49.00 ➝ C$48.00
8/3/2022TD SecuritiesLower TargetBuyC$48.00 ➝ C$44.00
7/29/2022BarclaysLower TargetC$42.00 ➝ C$38.00
7/26/2022ScotiabankLower TargetC$47.00 ➝ C$42.00
7/7/2022National BanksharesLower TargetOutperformC$53.00 ➝ C$49.00
5/9/2022TD SecuritiesLower TargetBuyC$51.00 ➝ C$48.00
5/9/2022Royal Bank of CanadaLower TargetSector PerformC$53.00 ➝ C$47.00
5/9/2022National BanksharesLower TargetOutperformC$57.00 ➝ C$53.00
5/9/2022ScotiabankLower TargetC$51.00 ➝ C$47.00
5/3/2022ScotiabankLower TargetC$55.00 ➝ C$51.00
4/7/2022National BanksharesLower TargetOutperformC$62.00 ➝ C$57.00
2/14/2022Canaccord Genuity GroupBoost TargetC$55.00 ➝ C$57.00
1/26/2022BarclaysLower TargetUnderweightC$48.00 ➝ C$43.00
1/20/2022Royal Bank of CanadaBoost TargetSector PerformC$55.00 ➝ C$59.00
1/10/2022National Bank FinancialBoost TargetOutperformC$62.00
1/7/2022National BanksharesBoost TargetOutperformC$59.00 ➝ C$62.00
1/6/2022ScotiabankBoost TargetC$56.00 ➝ C$57.00
11/9/2021ATB CapitalReiterated RatingMarket Perform
11/8/2021BMO Capital MarketsBoost TargetC$49.00 ➝ C$54.00
11/8/2021CIBCBoost TargetOutperformC$55.00 ➝ C$60.00
11/5/2021National Bank FinancialBoost TargetNAC$59.00
11/5/2021TD SecuritiesBoost TargetBuyC$56.00 ➝ C$58.00
11/5/2021Royal Bank of CanadaBoost TargetSector PerformC$52.00 ➝ C$54.00
11/5/2021National BanksharesBoost TargetOutperformC$58.00 ➝ C$59.00
10/26/2021ScotiabankBoost TargetC$52.00 ➝ C$56.00
10/18/2021TD SecuritiesBoost TargetC$53.00 ➝ C$56.00
8/6/2021TD SecuritiesBoost TargetBuyC$52.00 ➝ C$53.00
8/5/2021National Bank FinancialBoost TargetOutperformC$58.00
8/5/2021National BanksharesBoost TargetOutperformC$56.00 ➝ C$58.00
8/5/2021CIBCBoost TargetOutperformC$55.00
7/23/2021Royal Bank of CanadaSet TargetC$51.00 ➝ C$52.00
7/20/2021ScotiabankBoost TargetSector PerformC$48.00 ➝ C$51.00
7/15/2021TD SecuritiesBoost TargetNAC$50.00 ➝ C$52.00
7/8/2021National BanksharesBoost TargetOutperformC$55.00 ➝ C$56.00
7/8/2021National Bank FinancialBoost TargetOutperformC$55.00
5/10/2021TD SecuritiesBoost TargetBuyC$47.00 ➝ C$50.00
5/10/2021BMO Capital MarketsBoost TargetC$44.00 ➝ C$47.00
5/10/2021ScotiabankBoost TargetC$47.00 ➝ C$48.00
5/7/2021National BanksharesBoost TargetOutperformC$51.00 ➝ C$55.00
5/7/2021National Bank FinancialBoost TargetOutperformC$55.00
5/7/2021Royal Bank of CanadaBoost TargetSector PerformC$44.00 ➝ C$51.00
5/4/2021CIBCBoost TargetC$45.00 ➝ C$49.00
5/4/2021BMO Capital MarketsBoost TargetMarket PerformC$41.00 ➝ C$44.00
5/3/2021CIBCReiterated RatingOutperformC$45.00
5/3/2021ScotiabankBoost TargetC$42.00 ➝ C$46.00
4/30/2021National BanksharesSet TargetOutperformC$51.00
4/30/2021National Bank FinancialReiterated RatingOutperform Market Weight
4/26/2021CIBCBoost TargetOutperformC$42.00 ➝ C$45.00
4/26/2021TD SecuritiesBoost TargetHoldC$41.00 ➝ C$47.00
4/9/2021BMO Capital MarketsBoost TargetOutperformC$38.00 ➝ C$41.00
2/17/2021TD SecuritiesBoost TargetNAC$41.00
2/12/2021DesjardinsDowngradeBuy ➝ Hold
2/2/2021ScotiabankBoost TargetC$38.00 ➝ C$40.00
1/25/2021BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$33.00
11/9/2020TD SecuritiesBoost TargetHoldC$33.00 ➝ C$34.00
10/15/2020ScotiabankBoost TargetC$36.00 ➝ C$37.00
8/10/2020Royal Bank of CanadaUpgradeUnderperform ➝ Sector PerformC$24.00 ➝ C$36.00
8/7/2020TD SecuritiesBoost TargetHoldC$34.00 ➝ C$35.00
8/7/2020BMO Capital MarketsBoost TargetC$36.00 ➝ C$37.00
8/4/2020ScotiabankBoost TargetC$35.00 ➝ C$36.00
7/17/2020Royal Bank of CanadaBoost TargetC$29.00 ➝ C$34.00
6/29/2020ScotiabankBoost TargetC$32.00 ➝ C$34.00
5/11/2020TD SecuritiesBoost TargetHoldC$27.00 ➝ C$30.00
5/11/2020BMO Capital MarketsBoost TargetC$28.00 ➝ C$33.00
5/11/2020ScotiabankBoost TargetC$29.00 ➝ C$32.00
5/10/2020DesjardinsUpgradeHold ➝ Buy
3/24/2020ScotiabankLower TargetC$42.00 ➝ C$23.00
3/19/2020Royal Bank of CanadaDowngradeSector Perform ➝ UnderperformC$44.00 ➝ C$29.00
2/18/2020TD SecuritiesDowngradeBuy ➝ HoldC$43.00 ➝ C$42.00
2/18/2020CIBCBoost TargetC$45.00 ➝ C$46.00
2/11/2020CIBCBoost TargetC$43.50 ➝ C$45.00
8/2/2019BMO Capital MarketsBoost TargetC$40.00 ➝ C$41.00
8/2/2019CIBCLower TargetC$44.00 ➝ C$43.50
5/6/2019Royal Bank of CanadaLower TargetSector PerformC$41.00 ➝ C$40.00
4/24/2019CIBCBoost TargetC$41.00 ➝ C$44.00
2/11/2019CIBCBoost TargetC$39.00 ➝ C$41.00
2/4/2019DesjardinsDowngradeBuy ➝ HoldC$39.00 ➝ C$37.00
1/21/2019BarclaysLower TargetC$34.00 ➝ C$31.00
1/15/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$43.00 ➝ C$38.00
11/19/2018TD SecuritiesLower TargetBuyC$40.00 ➝ C$39.00
11/16/2018Royal Bank of CanadaLower TargetOutperformC$44.00 ➝ C$43.00
11/16/2018BMO Capital MarketsLower TargetC$39.00 ➝ C$38.00
11/5/2018BMO Capital MarketsBoost TargetOutperformC$38.00 ➝ C$39.00
10/30/2018CIBCLower TargetC$48.00 ➝ C$39.00
10/29/2018BMO Capital MarketsLower TargetC$44.00 ➝ C$38.00
10/26/2018BarclaysLower TargetC$40.00 ➝ C$34.00
8/3/2018TD SecuritiesLower TargetC$48.00 ➝ C$46.00
7/14/2018CIBCBoost TargetC$45.00 ➝ C$48.00
5/7/2018ScotiabankLower TargetOutperformC$47.00
5/7/2018BMO Capital MarketsLower TargetC$50.00
4/27/2018CIBCUpgradeNeutral ➝ OutperformC$43.00 ➝ C$45.00
4/12/2018BarclaysLower TargetC$42.00 ➝ C$40.00
2/12/2018TD SecuritiesLower TargetC$52.00 ➝ C$50.00
2/12/2018BarclaysLower TargetC$43.00 ➝ C$42.00
2/12/2018CIBCLower TargetC$45.00 ➝ C$43.00
2/12/2018DesjardinsLower TargetC$50.00 ➝ C$48.00
2/12/2018Royal Bank of CanadaLower TargetOutperformC$54.00 ➝ C$50.00
(Data available from 1/29/2018 forward)

News Sentiment Rating

0.24 (Hold)

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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/2/2022
  • 0 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/1/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2022
  • 0 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/31/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/30/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/30/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/29/2023

Current Sentiment

  • 1 very positive mentions
  • 7 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.
IGM Financial logo
IGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management, Asset Management, and Strategic Investments and Other segments. The company offers financial advisory services; IG Living Plan that provides financial planning services, such as investment vehicles, insurance products, mortgage and banking solutions, and charitable giving program; IG Wealth Management Advisor Portal, a customer relationship management platform; and IG Wealth Management's dealer platform, which provides increased automation and supports both MFDA and IIROC licensed advisors, as well as new products on its investment dealer platform. It also provides mutual funds; portfolios; IG Advisory Account, a fee-based account that enhances client experience by offering the ability to simplify and consolidate selected investments into a single account; iProfile Private portfolios, a portfolio management program for households with investments; iProfile Portfolios, a suite of four managed solutions; segregated funds; separately managed and fee-based brokerage accounts; insurance products; and securities services. In addition, the company offers management and related services; global private equity, private credit, and infrastructure investment solutions; and exchange traded funds. The company was incorporated in 1978 and is headquartered in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.
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Today's Range

Now: C$41.63
Low: C$41.34
High: C$41.78

50 Day Range

MA: C$39.22
Low: C$36.95
High: C$41.63

52 Week Range

Now: C$41.63
Low: C$33.45
High: C$46.37

Volume

150,601 shs

Average Volume

260,556 shs

Market Capitalization

C$9.89 billion

P/E Ratio

10.98

Dividend Yield

5.40%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of IGM Financial?

The following Wall Street research analysts have issued stock ratings on IGM Financial in the last twelve months: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for IGM.

What is the current price target for IGM Financial?

8 Wall Street analysts have set twelve-month price targets for IGM Financial in the last year. Their average twelve-month price target is C$45.13, suggesting a possible upside of 8.4%. Canaccord Genuity Group Inc. has the highest price target set, predicting IGM will reach C$57.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of C$38.00 for IGM Financial in the next year.
View the latest price targets for IGM.

What is the current consensus analyst rating for IGM Financial?

IGM Financial currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in IGM, but not buy more shares or sell existing shares.
View the latest ratings for IGM.

What other companies compete with IGM Financial?

How do I contact IGM Financial's investor relations team?

IGM Financial's physical mailing address is 447 Portage Avenue, WINNIPEG, MB R3C 3B6, Canada. The financial services provider's listed phone number is +1-204-9430361. The official website for IGM Financial is www.igmfinancial.com. Learn More about contacing IGM Financial investor relations.