IAMGOLD Corp Receives Consensus Rating of “Hold” from Brokerages (TSE:IMG)
IAMGOLD Corp (TSE:IMG) has earned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the stock, American Banking News.com reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$5.12.
IAMGOLD Corp (TSE:IMG) traded down 2.48% during mid-day trading on Thursday, hitting $4.32. 479,785 shares of the company’s stock traded hands. IAMGOLD Corp has a one year low of $3.25 and a one year high of $7.45. The stock’s 50-day moving average is $4.18 and its 200-day moving average is $4.05. The company’s market cap is $1.628 billion.
IAMGOLD Corp (TSE:IMG) last released its earnings data on Thursday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. On average, analysts predict that IAMGOLD Corp will post $0.13 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs raised their price target on shares of IAMGOLD Corp from C$3.00 to C$3.30 in a research note on Wednesday. Separately, 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, July 10th. They now have a “hold” rating on the stock. Finally, 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, July 9th. They now have a “sector perform” rating on the stock.
IAMGOLD Corporation (TSE:IMG) is a mining company.
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