IGM Financial’s (OTCMKTS:IGIFF) “Hold” Rating Reaffirmed at Desjardins

IGM Financial (OTCMKTS:IGIFF)‘s stock had its “hold” rating restated by investment analysts at Desjardins in a research report issued on Monday, February 4th.

IGIFF has been the topic of a number of other reports. Royal Bank of Canada cut shares of IGM Financial from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, January 15th. Canaccord Genuity reiterated a “hold” rating on shares of IGM Financial in a report on Tuesday, October 30th. Barclays reiterated a “sell” rating on shares of IGM Financial in a report on Monday, January 21st. BMO Capital Markets reiterated a “buy” rating on shares of IGM Financial in a report on Monday, November 5th. Finally, TD Securities reiterated a “buy” rating on shares of IGM Financial in a report on Monday, November 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold”.

Shares of IGIFF remained flat at $$26.11 during mid-day trading on Monday. 6,334 shares of the stock traded hands, compared to its average volume of 958. IGM Financial has a twelve month low of $21.85 and a twelve month high of $31.36.

IGM Financial Company Profile

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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Analyst Recommendations for IGM Financial (OTCMKTS:IGIFF)

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