IGM Financial (TSE:IGM) Stock Gets Price Target Bump from National Bank Financial

IGM Financial (TSE:IGM) had its price objective upped by equities researchers at National Bank Financial from C$92.00 to C$94.00 in a research report issued on Monday, BayStreet reports. The firm presently has an “outperform” rating on the financial services provider’s stock. National Bank Financial‘s target price would indicate a potential upside of 9.23% from the stock’s current price.

Several other brokerages also recently weighed in on IGM. TD increased their target price on shares of IGM Financial from C$92.00 to C$94.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Royal Bank Of Canada boosted their price target on IGM Financial from C$80.00 to C$89.00 and gave the company a “sector perform” rating in a research report on Friday, July 31st. Desjardins set a C$93.00 price objective on IGM Financial and gave the company a “buy” rating in a research note on Tuesday, October 27th. BMO Capital Markets raised IGM Financial from a “hold” rating to an “outperform” rating and increased their price objective for the stock from C$83.00 to C$96.00 in a research report on Thursday, October 22nd. Finally, Scotiabank lifted their target price on IGM Financial from C$84.00 to C$87.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$89.44.

IGM Financial Stock Performance

IGM stock traded up C$4.67 on Monday, hitting C$86.06. The company’s stock had a trading volume of 240,227 shares, compared to its average volume of 445,643. The firm has a 50 day moving average of C$84.01 and a two-hundred day moving average of C$77.58. IGM Financial has a 1 year low of C$54.42 and a 1 year high of C$92.01. The stock has a market cap of C$19.67 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 4.09 and a beta of 0.67. The company has a current ratio of 1.28, a quick ratio of 0.31 and a debt-to-equity ratio of 82.59.

IGM Financial (TSE:IGM) last issued its quarterly earnings results on Thursday, November 5th. The financial services provider reported C$1.51 earnings per share for the quarter. IGM Financial had a net margin of 29.82% and a return on equity of 12.91%. The firm had revenue of C$1.32 billion during the quarter. Equities analysts predict that IGM Financial will post 4.01 EPS for the current fiscal year.

Insider Buying and Selling at IGM Financial

In other news, Director J. Luke Gould sold 900 shares of the business’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of C$87.99, for a total transaction of C$79,191.00. Insiders have sold a total of 9,960 shares of company stock valued at $876,221 over the last quarter. 66.58% of the stock is owned by 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.