IGM Financial Inc. (TSE:IGM) Director Nancy Mccuaig Sells 400 Shares

IGM Financial Inc. (TSE:IGM) Director Nancy Mccuaig sold 400 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of C$44.36, for a total value of C$17,744.00.

IGM Financial Trading Down 0.8 %

TSE:IGM opened at C$44.52 on Friday. The company has a quick ratio of 0.31, a current ratio of 3.61 and a debt-to-equity ratio of 97.24. The stock’s 50 day moving average price is C$45.32 and its 200 day moving average price is C$43.33. The company has a market capitalization of C$10.62 billion, a PE ratio of 11.41, a P/E/G ratio of 4.09 and a beta of 1.53. IGM Financial Inc. has a 52-week low of C$32.95 and a 52-week high of C$47.96.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. CIBC increased their price objective on IGM Financial from C$47.00 to C$50.00 in a report on Friday, November 8th. TD Securities increased their price objective on IGM Financial from C$51.00 to C$56.00 and gave the company a “buy” rating in a report on Monday, February 10th. Scotiabank increased their price objective on IGM Financial from C$53.00 to C$56.00 in a report on Friday, November 8th. Jefferies Financial Group increased their price objective on IGM Financial from C$39.00 to C$45.00 and gave the company a “hold” rating in a report on Friday, November 1st. Finally, BMO Capital Markets raised their price target on IGM Financial from C$47.00 to C$48.00 in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$50.29.

IGM Financial Company Profile

IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services.