IGM Financial Inc. (OTCMKTS:IGIFF) has earned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company.
Several equities research analysts recently commented on the company. Canaccord Genuity reaffirmed a “hold” rating on shares of IGM Financial in a research note on Tuesday. CIBC reaffirmed a “buy” rating on shares of IGM Financial in a research note on Tuesday. BMO Capital Markets reaffirmed a “buy” rating on shares of IGM Financial in a research note on Tuesday. Desjardins reaffirmed a “buy” rating on shares of IGM Financial in a research note on Monday. Finally, Scotiabank reaffirmed a “buy” rating on shares of IGM Financial in a research note on Wednesday, October 24th.
OTCMKTS IGIFF traded up $0.23 during trading hours on Tuesday, hitting $24.53. 240 shares of the company’s stock were exchanged, compared to its average volume of 5,327. IGM Financial has a 1-year low of $24.27 and a 1-year high of $35.75.
IGM Financial Inc manages and distributes investment funds and other managed asset products in Canada. The company operates through Investors Group, Mackenzie Investments, and Corporate and Other segments. The company also offers financial planning services, including investment, tax, retirement, education, risk management, and estate planning; strategic investment planning programs; mutual funds; managed asset and multi-manager investment programs; iProfile, a portfolio management program; and separately managed accounts and fee-based brokerage accounts.
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