IAMGOLD Corp Given Consensus Rating of “Hold” by Brokerages (TSE:IMG)
Shares of IAMGOLD Corp (TSE:IMG) have earned an average rating of “Hold” from the fifteen brokerages that are covering the company, AnalystRatingsNetwork.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$5.15.
A number of analysts have recently weighed in on IMG shares. Analysts at TD Securities raised their price target on shares of IAMGOLD Corp from C$4.50 to C$5.00 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital cut their price target on shares of IAMGOLD Corp from C$5.00 to C$4.50 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Finally, analysts at Mackie cut their price target on shares of IAMGOLD Corp from C$4.80 to C$4.00 in a research note on Thursday, May 8th. They now have a “hold” rating on the stock.
IAMGOLD Corp (TSE:IMG) opened at 4.36 on Wednesday. IAMGOLD Corp has a 1-year low of $3.25 and a 1-year high of $7.45. The stock has a 50-day moving average of $4.06 and a 200-day moving average of $4.02. The company’s market cap is $1.643 billion.
IAMGOLD Corp (TSE:IMG) last announced its earnings results on Thursday, May 8th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. On average, analysts predict that IAMGOLD Corp will post $0.12 earnings per share for the current fiscal year.
IAMGOLD Corporation (TSE:IMG) is a mining company.
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