IGM Financial Inc. (OTCMKTS:IGIFF) Given Consensus Rating of “Hold” by Analysts

Shares of IGM Financial Inc. (OTCMKTS:IGIFF) have been given an average rating of “Hold” by the six analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Several research analysts have recently weighed in on IGIFF shares. Scotiabank restated a “sector perform” rating on shares of IGM Financial in a report on Tuesday, April 28th. BMO Capital Markets restated a “market perform” rating on shares of IGM Financial in a report on Wednesday, April 29th. TD Securities restated a “buy” rating on shares of IGM Financial in a report on Monday, May 11th. Royal Bank Of Canada restated a “sector perform” rating on shares of IGM Financial in a report on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of IGM Financial in a report on Wednesday, April 29th.

IGM Financial Stock Performance

OTCMKTS:IGIFF opened at $55.64 on Friday. IGM Financial has a 12 month low of $30.86 and a 12 month high of $57.97. The stock has a 50 day moving average of $51.64 and a two-hundred day moving average of $47.45.

IGM Financial Company Profile

IGM Financial Inc is a Canada-based wealth and asset management company that provides a range of financial planning and investment solutions to individual and institutional clients. Through its wholly owned subsidiaries—IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel—the firm offers advisory services, mutual funds, segregated funds, and a suite of managed portfolio solutions designed to meet diverse investor needs. IGM’s business model centers on delivering fee-based and commission-based products through a network of financial advisors and distribution partners across Canada.

The company’s flagship arm, IG Wealth Management, operates one of the largest financial advisor networks in the country, offering advice on retirement planning, tax strategies, estate and legacy planning, and insurance products.