IGM Financial (TSE:IGM) Stock Price Expected to Rise, National Bank Financial Analyst Says

IGM Financial (TSE:IGM) had its price objective increased by investment analysts at National Bank Financial from C$85.00 to C$91.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. National Bank Financial’s price target indicates a potential upside of 8.93% from the stock’s previous close.

IGM has been the topic of a number of other reports. TD upped their price objective on shares of IGM Financial from C$80.00 to C$86.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Royal Bank Of Canada boosted their target price on shares of IGM Financial from C$77.00 to C$80.00 and gave the company a “sector perform” rating in a report on Monday, July 13th. Canadian Imperial Bank of Commerce upped their price target on shares of IGM Financial from C$79.00 to C$85.00 in a research report on Friday, July 10th. BMO Capital Markets boosted their price objective on IGM Financial from C$72.00 to C$80.00 in a research note on Wednesday, July 15th. Finally, Scotiabank raised their target price on IGM Financial from C$69.00 to C$76.00 in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of C$78.50.

IGM Financial Trading Up 0.3%

Shares of IGM Financial stock traded up C$0.25 during midday trading on Monday, reaching C$83.54. The company had a trading volume of 189,207 shares, compared to its average volume of 463,398. The stock has a fifty day moving average price of C$80.48 and a 200 day moving average price of C$72.51. IGM Financial has a fifty-two week low of C$44.69 and a fifty-two week high of C$87.99. The firm has a market cap of C$19.42 billion, a PE ratio of 17.19, a P/E/G ratio of 4.09 and a beta of 1.03. 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 (TSE:IGM) last released its earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share for the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. The business had revenue of C$1.00 million during the quarter. On average, equities analysts anticipate that IGM Financial will post 4.006816 earnings per share for the current year.

Insider Activity at IGM Financial

In related news, Director James Patrick O’sullivan sold 700 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of C$77.90, for a total value of C$54,530.00. Following the transaction, the director directly owned 93,248 shares of the company’s stock, valued at approximately C$7,264,019.20. The trade was a 0.75% decrease in their position. In the last quarter, insiders sold 144,039 shares of company stock worth $11,327,486. Insiders own 66.58% of the company’s stock.

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.