IGM Financial Inc. (OTCMKTS:IGIFF – Get Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $54.07 and traded as high as $58.51. IGM Financial shares last traded at $58.17, with a volume of 1,749 shares.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on IGIFF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of IGM Financial in a report on Monday, May 11th. BMO Capital Markets reissued a “market perform” rating on shares of IGM Financial in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of IGM Financial in a research note on Wednesday, April 29th. Scotiabank reaffirmed a “sector perform” rating on shares of IGM Financial in a research report on Tuesday, April 28th. Finally, TD Securities reiterated a “buy” rating on shares of IGM Financial in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on IGIFF
IGM Financial Stock Performance
About IGM Financial
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.
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