IGM Financial Inc. (TSE:IGM) Receives C$72.00 Average PT from Analysts

Shares of IGM Financial Inc. (TSE:IGM) have received an average rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$73.75.

A number of equities analysts have issued reports on IGM shares. TD Securities increased their price objective on IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. BMO Capital Markets boosted their target price on shares of IGM Financial from C$68.00 to C$72.00 in a report on Wednesday, April 29th. National Bank Financial upped their target price on shares of IGM Financial from C$82.00 to C$85.00 in a research report on Wednesday, April 29th. Scotiabank lifted their price target on shares of IGM Financial from C$69.00 to C$76.00 in a research report on Tuesday, April 28th. Finally, TD upped their price objective on shares of IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a report on Monday.

IGM Financial Price Performance

IGM stock opened at C$78.33 on Friday. The company has a debt-to-equity ratio of 81.91, a current ratio of 1.36 and a quick ratio of 0.31. IGM Financial has a 1 year low of C$42.13 and a 1 year high of C$78.43. The firm has a 50-day moving average of C$69.60 and a 200 day moving average of C$64.53. The company has a market cap of C$18.35 billion, a P/E ratio of 16.12, a PEG ratio of 4.09 and a beta of 0.97.

IGM Financial (TSE:IGM) last posted its quarterly earnings data on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share for the quarter. IGM Financial had a return on equity of 13.19% and a net margin of 29.97%.The business had revenue of C$1.00 million for the quarter. On average, sell-side analysts forecast that IGM Financial will post 4.006816 EPS for the current year.

Insiders Place Their Bets

In other news, Director James Patrick O’sullivan sold 2,800 shares of IGM Financial stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of C$68.35, for a total value of C$191,380.00. Following the completion of the transaction, the director owned 134,329 shares of the company’s stock, valued at C$9,181,387.15. The trade was a 2.04% decrease in their position. Also, Director Kelly Hepher sold 700 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of C$77.39, for a total transaction of C$54,173.00. Over the last three months, insiders have sold 97,684 shares of company stock valued at $6,711,393. 66.58% of the stock is currently owned by corporate insiders.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.