IAMGOLD Corp Given Consensus Rating of “Hold” by Brokerages (TSE:IMG)
Shares of IAMGOLD Corp (TSE:IMG) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are currently covering the company, Analyst Ratings Network.com reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$5.12.
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, August 20th. 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 Corp (TSE:IMG) opened at 4.29 on Thursday. IAMGOLD Corp has a 52-week low of $3.25 and a 52-week high of $7.45. The stock has a 50-day moving average of $4.18 and a 200-day moving average of $4.06. The company’s market cap is $1.617 billion.
IAMGOLD Corp (TSE:IMG) last released its earnings data on Thursday, August 14th. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.02. On average, analysts predict that IAMGOLD Corp will post $0.13 earnings per share for the current fiscal year.
IAMGOLD Corporation (TSE:IMG) is a mining company.
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