Analyst Downgrades – IGM Financial (TSE:IGM) Stock Gets Downgraded By Royal Bank of Canada from Outperform to Sector Perform

Analyst Ratings For IGM Financial (TSE:IGM)

Story continues below

Today, IGM Financial (TSE:IGM) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform with a price target of C$47.00.

There are 1 sell rating, 7 hold ratings on the stock.

The current consensus rating on IGM Financial (TSE:IGM) is Hold (Score: 1.88) with a consensus target price of C$41.22 per share, a potential .

Some recent analyst ratings include

  • 4/24/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$47.00 price target on the stock, up previously from C$42.00 .
  • 8/5/2016-GMP Securities was Downgraded by analysts at GMP Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$39.50 price target on the stock, up previously from C$42.25 .


    About IGM Financial (TSE:IGM)
    IGM Financial Inc. is a Canada-based financial services company. The Company’s principal businesses are Investors Group Inc. and Mackenzie Financial Corporation, which operate within the advice segment of the financial services market. It operates in three segments: Investors Group, Mackenzie Investments, and Corporate and Other. The Investors Group provides a range of financial and investment planning services through its network of consultants across the country, and its products and services include Personal Financial Planner, Symphony Strategic Investment Planning Program and Mutual Funds. The Mackenzie Investments segment is engaged in the provision of investment management and related services offered through diversified investment solutions, distributed through multiple distribution channels. The Corporate and Other segment includes share of earnings of its affiliate, Great-West Lifeco Inc. (Lifeco) and operating results for Investment Planning Counsel Inc.

    Recent Trading Activity for IGM Financial (TSE:IGM)
    Shares of IGM Financial closed the previous trading session at 40.77 up +1.10 2.77% with 185,904 shares trading hands.

    An ad to help with our costs