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

IGM Financial Inc. (OTCMKTS:IGIFF) has received an average rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of brokerages have recently commented on IGIFF. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of IGM Financial in a research report on Friday, July 31st. Scotiabank reissued a “sector perform” rating on shares of IGM Financial in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of IGM Financial in a research note on Friday, July 31st. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of IGM Financial in a report on Wednesday, July 15th.

IGM Financial Stock Performance

OTCMKTS IGIFF opened at $60.22 on Friday. The company’s fifty day moving average is $62.55 and its two-hundred day moving average is $56.89. IGM Financial has a 52-week low of $36.09 and a 52-week high of $65.17.

About IGM Financial

IGM Financial Inc is a Canadian wealth and asset management company headquartered in Winnipeg, Manitoba. The company provides financial planning, investment management and related services to individuals, families, institutions and other clients through a range of specialized businesses.

Its principal operations include IG Wealth Management, which offers financial advice, retirement planning, insurance and investment products through a network of advisors, and Mackenzie Investments, an asset manager that provides mutual funds, exchange-traded funds, separately managed accounts and other investment solutions.