IAMGOLD (TSE:IMG – Get Free Report) (NYSE:IAG) had its price objective boosted by Stifel Nicolaus from C$3.00 to C$5.25 in a report released on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective indicates a potential upside of 3.96% from the stock’s current price.
A number of other brokerages also recently commented on IMG. Bank of America upped their price objective on shares of IAMGOLD from C$4.40 to C$6.20 in a research report on Tuesday, April 9th. National Bank Financial restated a “sector perform spec overwgt” rating on shares of IAMGOLD in a research report on Monday, April 8th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, IAMGOLD presently has an average rating of “Hold” and a consensus target price of C$4.92.
Check Out Our Latest Report on IMG
IAMGOLD Stock Up 0.6 %
IAMGOLD (TSE:IMG – Get Free Report) (NYSE:IAG) last announced its quarterly earnings data on Thursday, February 15th. The mining company reported C$0.08 EPS for the quarter, topping analysts’ consensus estimates of C$0.02 by C$0.06. The company had revenue of C$405.19 million during the quarter. IAMGOLD had a net margin of 9.55% and a return on equity of 4.36%. Sell-side analysts expect that IAMGOLD will post 0.0746963 earnings per share for the current year.
IAMGOLD Company Profile
IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.
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