IGM Financial Inc. (TSE:IGM) Given Average Recommendation of “Hold” by Brokerages

Shares of IGM Financial Inc. (TSE:IGM) have received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$72.00.

IGM has been the subject of a number of research analyst reports. BMO Capital Markets boosted their target price on shares of IGM Financial from C$68.00 to C$72.00 in a research report on Wednesday, April 29th. Scotiabank boosted their target price on shares of IGM Financial from C$69.00 to C$76.00 in a research report on Tuesday, April 28th. TD Securities boosted their target price on shares of IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Canadian Imperial Bank of Commerce boosted their target price on shares of IGM Financial from C$68.00 to C$76.00 in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada boosted their target price on shares of IGM Financial from C$51.00 to C$65.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th.

Insiders Place Their Bets

In other IGM Financial news, Director James Patrick O’sullivan sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of C$68.73, for a total transaction of C$1,718,250.00. Following the completion of the transaction, the director owned 38,229 shares of the company’s stock, valued at C$2,627,479.17. The trade was a 39.54% decrease in their position. Over the last three months, insiders have sold 92,400 shares of company stock worth $6,306,649. 66.58% of the stock is owned by insiders.

IGM Financial Stock Up 1.6%

IGM stock opened at C$77.14 on Friday. The firm has a market cap of C$18.07 billion, a PE ratio of 16.63, a PEG ratio of 4.09 and a beta of 0.97. The company has a current ratio of 1.36, a quick ratio of 0.31 and a debt-to-equity ratio of 81.91. IGM Financial has a 1 year low of C$42.13 and a 1 year high of C$77.55. The company has a fifty day simple moving average of C$68.67 and a 200 day simple moving average of C$63.70.

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. The firm had revenue of C$1.00 million during the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. Sell-side analysts anticipate that IGM Financial will post 4.006816 EPS for the current fiscal year.

IGM Financial Company Profile

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.