IGM Financial (IGIFF) Expected to Announce Quarterly Earnings on Thursday

IGM Financial (OTCMKTS:IGIFF) is expected to be announcing its results after the market closes on Thursday, November 5th. Analysts expect IGM Financial to announce earnings of $1.02 per share and revenue of $772.13 million for the quarter.

IGM Financial Stock Up 0.3%

Shares of IGM Financial stock opened at $59.21 on Tuesday. IGM Financial has a 52-week low of $38.17 and a 52-week high of $65.17. The company has a fifty day moving average of $60.34 and a 200-day moving average of $55.58.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. BMO Capital Markets upgraded shares of IGM Financial from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 22nd. Scotiabank reiterated a “sector perform” rating on shares of IGM Financial in a report on Wednesday, October 28th. Royal Bank Of Canada reissued a “sector perform” rating on shares of IGM Financial in a research note on Friday, July 31st. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of IGM Financial in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

IGM Financial Company Profile

IGM Financial Inc (OTCMKTS:IGIFF) is a Canadian financial services company focused on wealth and asset management. Through its operating companies, IGM provides investment advice, financial planning, portfolio management and related services to individuals, families and institutions.

Its principal businesses include IG Wealth Management, which offers comprehensive financial planning and investment solutions through a network of advisors, and Mackenzie Investments, an investment-management firm providing mutual funds, exchange-traded funds, separately managed accounts and other investment products.