IGM Financial (OTCMKTS:IGIFF) Earns “Sell” Rating from Barclays

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IGM Financial (OTCMKTS:IGIFF)‘s stock had its “sell” rating reiterated by analysts at Barclays in a research note issued to investors on Monday, January 21st.

Several other equities research analysts have also recently weighed in on the company. Royal Bank of Canada cut IGM Financial from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, January 15th. TD Securities reaffirmed a “buy” rating on shares of IGM Financial in a research note on Wednesday, October 31st. BMO Capital Markets reaffirmed a “buy” rating on shares of IGM Financial in a research note on Tuesday, October 30th. CIBC reissued a “buy” rating on shares of IGM Financial in a report on Tuesday, October 30th. Finally, Desjardins reaffirmed a “buy” rating on shares of IGM Financial in a research note on Monday, October 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold”.

Shares of IGIFF remained flat at $$25.81 during mid-day trading on Monday. The stock had a trading volume of 11,075 shares, compared to its average volume of 844. IGM Financial has a 52-week low of $21.85 and a 52-week high of $31.95.

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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