TSE:IGM - IGM Financial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$49.88
  • Forecasted Upside: 11.45 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
C$44.75
▲ +0.07 (0.16%)

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$49.88
▲ +11.45% 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$49.88, with a high forecast of C$55.00 and a low forecast of C$44.00. The average price target represents a 11.45% upside from the last price of C$44.75.

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 Buy

The current consensus among 8 polled investment analysts is to buy stock in IGM Financial. This rating has held steady since October 2020, 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
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/30/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/29/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/25/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/24/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/24/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/23/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/22/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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
3/26/2021Canaccord GenuityBoost Price TargetStrong-BuyC$39.50 ➝ C$44.00
2/17/2021TD SecuritiesBoost Price TargetNAC$41.00
2/17/2021Canaccord GenuityBoost Price TargetBuyC$39.50
2/12/2021DesjardinsDowngradeBuy ➝ Hold
2/3/2021Canaccord GenuityBoost Price TargetBuyC$36.50 ➝ C$38.00
2/2/2021ScotiabankBoost Price TargetC$38.00 ➝ C$40.00
1/25/2021BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$33.00
11/9/2020Canaccord GenuityUpgradeHold ➝ BuyC$34.00 ➝ C$36.50
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
8/7/2020Canaccord GenuityBoost Price TargetC$31.00 ➝ C$34.00
8/4/2020ScotiabankBoost Price TargetC$35.00 ➝ C$36.00
7/22/2020Canaccord GenuityBoost Price TargetC$27.00 ➝ C$31.00
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
5/11/2020Canaccord GenuityBoost Price TargetC$25.00 ➝ C$27.00
5/11/2020ScotiabankBoost Price TargetC$29.00 ➝ C$32.00
5/10/2020DesjardinsUpgradeHold ➝ Buy
4/7/2020Canaccord GenuityLower Price TargetC$38.00 ➝ C$24.00
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
8/2/2019Canaccord GenuityBoost Price TargetC$35.00 ➝ C$36.00
8/2/2019CIBCLower Price TargetC$44.00 ➝ C$43.50
5/6/2019Royal Bank of CanadaLower Price TargetSector PerformC$41.00 ➝ C$40.00
5/6/2019Canaccord GenuityBoost Price TargetC$34.50 ➝ C$35.00
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
1/30/2019Canaccord GenuityLower Price TargetC$36.00 ➝ C$34.00
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
11/5/2018Canaccord GenuityBoost Price TargetC$35.00 ➝ C$36.00
10/30/2018CIBCLower Price TargetC$48.00 ➝ C$39.00
10/29/2018BMO Capital MarketsLower Price TargetC$44.00 ➝ C$38.00
10/29/2018Canaccord GenuityLower Price TargetC$40.00 ➝ C$35.00
10/26/2018BarclaysLower Price TargetC$40.00 ➝ C$34.00
8/3/2018TD SecuritiesLower Price TargetC$48.00 ➝ C$46.00
7/31/2018Canaccord GenuityDowngradeBuy ➝ HoldC$45.00 ➝ C$42.00
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
2/12/2018Canaccord GenuityLower Price TargetC$49.00 ➝ C$46.00
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
5/15/2017CIBCReiterated RatingNeutralC$44.00
5/8/2017CIBCReiterated RatingNeutralC$44.00
5/2/2017CIBCBoost Price TargetC$42.00 ➝ C$44.00
4/26/2017DesjardinsUpgradeHold ➝ Buy
2/13/2017ScotiabankBoost Price TargetSector PerformC$39.00 ➝ C$41.00
2/13/2017TD SecuritiesBoost Price TargetHoldC$42.00 ➝ C$44.00
2/13/2017DesjardinsSet Price TargetHoldC$41.00
2/13/2017Royal Bank of CanadaBoost Price TargetC$41.00 ➝ C$42.00
1/19/2017BarclaysBoost Price TargetUnderweightC$37.00 ➝ C$39.00
1/6/2017Canaccord GenuityBoost Price TargetHoldC$39.00 ➝ C$39.50
1/6/2017TD SecuritiesBoost Price TargetC$39.00 ➝ C$41.00
11/7/2016TD SecuritiesReiterated RatingHoldC$39.00
11/4/2016ScotiabankReiterated RatingSector PerformC$39.00
11/4/2016Royal Bank of CanadaBoost Price TargetSector PerformC$39.00 ➝ C$40.00
10/27/2016BarclaysBoost Price TargetUnderweightC$36.00 ➝ C$37.00
10/26/2016DesjardinsLower Price TargetHoldC$39.00 ➝ C$38.00
9/20/2016Canaccord GenuityLower Price TargetHoldC$35.75 ➝ C$35.50
8/5/2016TD SecuritiesReiterated RatingHoldC$39.00
8/5/2016ScotiabankReiterated RatingSector PerformC$39.00
8/5/2016GMP SecuritiesDowngradeBuy ➝ HoldC$42.25 ➝ C$39.50
8/5/2016Canaccord GenuityBoost Price TargetHoldC$35.50 ➝ C$35.75
8/5/2016BMO Capital MarketsBoost Price TargetMarket PerformC$37.00 ➝ C$39.00
8/5/2016BarclaysBoost Price TargetUnderweightC$35.00 ➝ C$36.00
7/12/2016Canaccord GenuityLower Price TargetHoldC$37.00 ➝ C$35.50
(Data available from 6/22/2016 forward)
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$44.75
Low: C$44.44
High: C$44.81

50 Day Range

MA: C$43.81
Low: C$39.49
High: C$45.20

52 Week Range

Now: C$44.75
Low: C$28.88
High: C$45.66

Volume

174,233 shs

Average Volume

360,086 shs

Market Capitalization

C$10.67 billion

P/E Ratio

13.24

Dividend Yield

5.04%

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: BMO Capital Markets, Canaccord Genuity, CIBC, Desjardins, 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?

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$49.88, suggesting a possible upside of 11.5%. National Bankshares, Inc. has the highest price target set, predicting IGM will reach C$55.00 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$44.00 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 3 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IGM will outperform the market and that investors should add to their positions of IGM Financial.
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.