TSE:IGM - IGM Financial Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$52.33
  • Forecasted Upside: 51.69 %
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$34.50
▼ -0.01 (-0.03%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New IGM Financial Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for IGM and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for IGM

Analyst Price Target is C$52.33
▲ +51.69% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for IGM Financial in the last 3 months. The average price target is C$52.33, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 51.69% upside from the last price of C$34.50.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in IGM Financial. This rating has held steady since November 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/3/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/9/2022TD SecuritiesLower Price TargetBuyC$51.00 ➝ C$48.00
5/9/2022Royal Bank of CanadaLower Price TargetSector PerformC$53.00 ➝ C$47.00
5/9/2022National BanksharesLower Price TargetOutperformC$57.00 ➝ C$53.00
5/9/2022ScotiabankLower Price TargetC$51.00 ➝ C$47.00
5/3/2022ScotiabankLower Price TargetC$55.00 ➝ C$51.00
4/7/2022National BanksharesLower Price TargetOutperformC$62.00 ➝ C$57.00
2/14/2022Canaccord Genuity GroupBoost Price TargetC$55.00 ➝ C$57.00
1/26/2022BarclaysLower Price TargetUnderweightC$48.00 ➝ C$43.00
1/20/2022Royal Bank of CanadaBoost Price TargetSector PerformC$55.00 ➝ C$59.00
1/10/2022National Bank FinancialBoost Price TargetOutperformC$62.00
1/7/2022National BanksharesBoost Price TargetOutperformC$59.00 ➝ C$62.00
1/6/2022ScotiabankBoost Price TargetC$56.00 ➝ C$57.00
11/9/2021ATB CapitalReiterated RatingMarket Perform
11/8/2021BMO Capital MarketsBoost Price TargetC$49.00 ➝ C$54.00
11/8/2021CIBCBoost Price TargetOutperformC$55.00 ➝ C$60.00
11/5/2021National Bank FinancialBoost Price TargetNAC$59.00
11/5/2021TD SecuritiesBoost Price TargetBuyC$56.00 ➝ C$58.00
11/5/2021Royal Bank of CanadaBoost Price TargetSector PerformC$52.00 ➝ C$54.00
11/5/2021National BanksharesBoost Price TargetOutperformC$58.00 ➝ C$59.00
10/26/2021ScotiabankBoost Price TargetC$52.00 ➝ C$56.00
10/18/2021TD SecuritiesBoost Price TargetC$53.00 ➝ C$56.00
8/6/2021TD SecuritiesBoost Price TargetBuyC$52.00 ➝ C$53.00
8/5/2021National Bank FinancialBoost Price TargetOutperformC$58.00
8/5/2021National BanksharesBoost Price TargetOutperformC$56.00 ➝ C$58.00
8/5/2021CIBCBoost Price TargetOutperformC$55.00
7/23/2021Royal Bank of CanadaSet Price TargetC$51.00 ➝ C$52.00
7/20/2021ScotiabankBoost Price TargetSector PerformC$48.00 ➝ C$51.00
7/15/2021TD SecuritiesBoost Price TargetNAC$50.00 ➝ C$52.00
7/8/2021National BanksharesBoost Price TargetOutperformC$55.00 ➝ C$56.00
7/8/2021National Bank FinancialBoost Price TargetOutperformC$55.00
5/10/2021TD SecuritiesBoost Price TargetBuyC$47.00 ➝ C$50.00
5/10/2021BMO Capital MarketsBoost Price TargetC$44.00 ➝ C$47.00
5/10/2021ScotiabankBoost Price TargetC$47.00 ➝ C$48.00
5/7/2021National BanksharesBoost Price TargetOutperformC$51.00 ➝ C$55.00
5/7/2021National Bank FinancialBoost Price TargetOutperformC$55.00
5/7/2021Royal Bank of CanadaBoost Price TargetSector PerformC$44.00 ➝ C$51.00
5/4/2021CIBCBoost Price TargetC$45.00 ➝ C$49.00
5/4/2021BMO Capital MarketsBoost Price TargetMarket PerformC$41.00 ➝ C$44.00
5/3/2021CIBCReiterated RatingOutperformC$45.00
5/3/2021ScotiabankBoost Price TargetC$42.00 ➝ C$46.00
4/30/2021National BanksharesSet Price TargetOutperformC$51.00
4/30/2021National Bank FinancialReiterated RatingOutperform Market Weight
4/26/2021CIBCBoost Price TargetOutperformC$42.00 ➝ C$45.00
4/26/2021TD SecuritiesBoost Price TargetHoldC$41.00 ➝ C$47.00
4/9/2021BMO Capital MarketsBoost Price TargetOutperformC$38.00 ➝ C$41.00
2/17/2021TD SecuritiesBoost Price TargetNAC$41.00
2/12/2021DesjardinsDowngradeBuy ➝ Hold
2/2/2021ScotiabankBoost Price TargetC$38.00 ➝ C$40.00
1/25/2021BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$33.00
11/9/2020TD SecuritiesBoost Price TargetHoldC$33.00 ➝ C$34.00
10/15/2020ScotiabankBoost Price TargetC$36.00 ➝ C$37.00
8/10/2020Royal Bank of CanadaUpgradeUnderperform ➝ Sector PerformC$24.00 ➝ C$36.00
8/7/2020TD SecuritiesBoost Price TargetHoldC$34.00 ➝ C$35.00
8/7/2020BMO Capital MarketsBoost Price TargetC$36.00 ➝ C$37.00
8/4/2020ScotiabankBoost Price TargetC$35.00 ➝ C$36.00
7/17/2020Royal Bank of CanadaBoost Price TargetC$29.00 ➝ C$34.00
6/29/2020ScotiabankBoost Price TargetC$32.00 ➝ C$34.00
5/11/2020TD SecuritiesBoost Price TargetHoldC$27.00 ➝ C$30.00
5/11/2020BMO Capital MarketsBoost Price TargetC$28.00 ➝ C$33.00
5/11/2020ScotiabankBoost Price TargetC$29.00 ➝ C$32.00
5/10/2020DesjardinsUpgradeHold ➝ Buy
3/24/2020ScotiabankLower Price 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 Price TargetC$45.00 ➝ C$46.00
2/11/2020CIBCBoost Price TargetC$43.50 ➝ C$45.00
8/2/2019BMO Capital MarketsBoost Price TargetC$40.00 ➝ C$41.00
8/2/2019CIBCLower Price TargetC$44.00 ➝ C$43.50
5/6/2019Royal Bank of CanadaLower Price TargetSector PerformC$41.00 ➝ C$40.00
4/24/2019CIBCBoost Price TargetC$41.00 ➝ C$44.00
2/11/2019CIBCBoost Price TargetC$39.00 ➝ C$41.00
2/4/2019DesjardinsDowngradeBuy ➝ HoldC$39.00 ➝ C$37.00
1/21/2019BarclaysLower Price TargetC$34.00 ➝ C$31.00
1/15/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$43.00 ➝ C$38.00
11/19/2018TD SecuritiesLower Price TargetBuyC$40.00 ➝ C$39.00
11/16/2018Royal Bank of CanadaLower Price TargetOutperformC$44.00 ➝ C$43.00
11/16/2018BMO Capital MarketsLower Price TargetC$39.00 ➝ C$38.00
11/5/2018BMO Capital MarketsBoost Price TargetOutperformC$38.00 ➝ C$39.00
10/30/2018CIBCLower Price TargetC$48.00 ➝ C$39.00
10/29/2018BMO Capital MarketsLower Price TargetC$44.00 ➝ C$38.00
10/26/2018BarclaysLower Price TargetC$40.00 ➝ C$34.00
8/3/2018TD SecuritiesLower Price TargetC$48.00 ➝ C$46.00
7/14/2018CIBCBoost Price TargetC$45.00 ➝ C$48.00
5/7/2018ScotiabankLower Price TargetOutperformC$47.00
5/7/2018BMO Capital MarketsLower Price TargetC$50.00
4/27/2018CIBCUpgradeNeutral ➝ OutperformC$43.00 ➝ C$45.00
4/12/2018BarclaysLower Price TargetC$42.00 ➝ C$40.00
2/12/2018TD SecuritiesLower Price TargetC$52.00 ➝ C$50.00
2/12/2018BarclaysLower Price TargetC$43.00 ➝ C$42.00
2/12/2018CIBCLower Price TargetC$45.00 ➝ C$43.00
2/12/2018DesjardinsLower Price TargetC$50.00 ➝ C$48.00
2/12/2018Royal Bank of CanadaLower Price TargetOutperformC$54.00 ➝ C$50.00
12/12/2017ScotiabankReiterated RatingSector Perform ➝ OutperformC$50.00
11/6/2017BarclaysLower Price TargetC$44.00 ➝ C$43.00
11/6/2017CIBCLower Price TargetC$48.00 ➝ C$45.00
11/6/2017ScotiabankBoost Price TargetSector PerformC$47.00 ➝ C$49.00
11/6/2017BMO Capital MarketsReiterated RatingOutperformC$48.00
11/6/2017TD SecuritiesUpgradeHold ➝ BuyC$48.00 ➝ C$52.00
10/31/2017DesjardinsBoost Price TargetC$48.00 ➝ C$50.00
10/30/2017BarclaysBoost Price TargetC$41.00 ➝ C$44.00
9/18/2017BMO Capital MarketsReiterated RatingOutperformC$47.00
8/4/2017BarclaysBoost Price TargetC$39.10 ➝ C$41.00
8/4/2017BMO Capital MarketsReiterated RatingMarket PerformC$45.00
(Data available from 7/3/2017 forward)

News Sentiment Rating

0.22 (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
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/5/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/4/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/3/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/5/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/4/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/4/2022
  • 0 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/3/2022
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022

Current Sentiment

  • 0 very positive mentions
  • 6 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.

Very Positive

  • No very positive 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.
Read More

Today's Range

Now: C$34.50
Low: C$33.80
High: C$34.74

50 Day Range

MA: C$37.35
Low: C$34.50
High: C$41.47

52 Week Range

Now: C$34.50
Low: C$33.80
High: C$51.68

Volume

523,600 shs

Average Volume

413,999 shs

Market Capitalization

C$8.26 billion

P/E Ratio

8.34

Dividend Yield

6.52%

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: ATB Capital, Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bank Financial, 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?

0 Wall Street analysts have set twelve-month price targets for IGM Financial in the last year. Their average twelve-month price target is C$52.33, suggesting a possible upside of 51.7%.
View the latest price targets for IGM.

What is the current consensus analyst rating for IGM Financial?

IGM Financial currently has 1 sell rating, 3 hold ratings and 4 buy ratings 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.

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.