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IGM Financial - IGM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$43.71
  • Forecasted Upside: 5.67%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$41.37 As of 10/4/2024 01:00 AM ET
▲ +0.48 (1.17%)

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$43.71
▲ +5.67% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for IGM Financial in the last 3 months. The average price target is C$43.71, with a high forecast of C$47.00 and a low forecast of C$39.00. The average price target represents a 5.67% upside from the last price of C$41.37.

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 Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in IGM Financial. This rating has held steady since October 2023, when it changed from a Hold 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
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/13/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/12/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/10/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/8/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/7/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/6/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/4/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/4/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/9/2024BMO Capital MarketsLower TargetC$40.00 ➝ C$39.00
8/8/2024Royal Bank of CanadaBoost TargetC$46.00 ➝ C$47.00
7/29/2024Jefferies Financial GroupBoost TargetBuyC$38.00 ➝ C$39.00
7/29/2024National BanksharesBoost TargetOutperformC$46.00 ➝ C$47.00
7/24/2024ScotiabankBoost TargetC$45.00 ➝ C$46.00
5/6/2024TD SecuritiesBoost TargetBuyC$42.00 ➝ C$43.00
5/6/2024BMO Capital MarketsBoost TargetC$39.00 ➝ C$40.00
5/3/2024CIBCBoost TargetOutperformC$42.00 ➝ C$45.00
5/3/2024Royal Bank of CanadaBoost TargetC$44.00 ➝ C$45.00
4/30/2024ScotiabankBoost TargetSector PerformC$44.00 ➝ C$45.00
4/25/2024TD SecuritiesBoost TargetC$41.00 ➝ C$42.00
2/20/2024TD SecuritiesBoost TargetBuyC$39.00 ➝ C$41.00
2/16/2024Royal Bank of CanadaBoost TargetSector PerformC$43.00 ➝ C$44.00
2/5/2024National BanksharesBoost TargetOutperformC$44.00 ➝ C$46.00
1/31/2024ScotiabankBoost TargetSector PerformC$40.00 ➝ C$44.00
1/4/2024Royal Bank of CanadaBoost TargetC$42.00 ➝ C$43.00
12/6/2023TD SecuritiesBoost TargetBuyC$37.00 ➝ C$38.00
11/3/2023TD SecuritiesLower TargetBuyC$38.00 ➝ C$37.00
11/3/2023BMO Capital MarketsBoost TargetC$35.00 ➝ C$36.00
10/30/2023ScotiabankLower TargetSector PerformC$45.00 ➝ C$40.00
10/26/2023CIBCLower TargetOutperformC$50.00 ➝ C$42.00
10/24/2023Royal Bank of CanadaLower TargetSector PerformC$49.00 ➝ C$42.00
10/24/2023National BanksharesLower TargetOutperformC$47.00 ➝ C$44.00
10/18/2023TD SecuritiesBoost TargetBuyC$36.00 ➝ C$38.00
8/4/2023ScotiabankLower TargetSector PerformC$47.00 ➝ C$45.00
8/4/2023BMO Capital MarketsLower TargetMarket PerformC$44.00 ➝ C$43.00
8/3/2023TD SecuritiesLower TargetBuyC$48.00 ➝ C$46.00
5/5/2023BMO Capital MarketsLower TargetC$46.00 ➝ C$44.00
5/5/2023ScotiabankLower TargetC$49.00 ➝ C$47.00
5/4/2023Royal Bank of CanadaLower TargetSector PerformC$50.00 ➝ C$49.00
4/26/2023BMO Capital MarketsBoost TargetC$45.00 ➝ C$46.00
4/5/2023Royal Bank of CanadaBoost TargetSector PerformC$46.00 ➝ C$50.00
4/5/2023TD SecuritiesUpgradeHold ➝ BuyC$44.00 ➝ C$48.00
4/4/2023ScotiabankBoost TargetC$47.00 ➝ C$49.00
2/13/2023Canaccord Genuity GroupBoost TargetC$43.00 ➝ C$46.00
2/13/2023Royal Bank of CanadaBoost TargetC$43.00 ➝ C$46.00
2/13/2023TD SecuritiesBoost TargetHoldC$43.00 ➝ C$44.00
2/10/2023National BanksharesBoost TargetOutperformC$45.00 ➝ C$48.00
2/10/2023BMO Capital MarketsBoost TargetC$44.00 ➝ C$45.00
2/10/2023ScotiabankBoost TargetC$45.00 ➝ C$47.00
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
(Data available from 10/4/2019 forward)

News Sentiment Rating

0.28 (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
  • 4 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
3/8/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/7/2024
  • 11 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/7/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/6/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/6/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/5/2024
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/4/2024
  • 2 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/4/2024

Current Sentiment

  • 2 very positive mentions
  • 16 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.

Positive

Very Positive

IGM Financial logo
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. The Asset Management segment provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. operates as a subsidiary of Power Financial Corporation.
Read More

Today's Range

Now: C$41.37
Low: C$41.00
High: C$41.43

50 Day Range

MA: C$38.87
Low: C$36.14
High: C$41.19

52 Week Range

Now: C$41.37
Low: C$30.34
High: C$41.43

Volume

196,768 shs

Average Volume

239,958 shs

Market Capitalization

C$9.79 billion

P/E Ratio

11.65

Dividend Yield

5.55%

Beta

1.54

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: BMO Capital Markets, CIBC, Jefferies Financial Group Inc., 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?

7 Wall Street analysts have set twelve-month price targets for IGM Financial in the last year. Their average twelve-month price target is C$43.71, suggesting a possible upside of 5.7%. Royal Bank of Canada has the highest price target set, predicting IGM will reach C$47.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$39.00 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 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for IGM.

What other companies compete with IGM Financial?

Other companies that are similar to IGM Financial include Brookfield Asset Management, Onex, CI Financial, Fairfax India and Sprott. Learn More about companies similar to 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.