IGM Financial (IGIFF) Projected to Post Earnings on Thursday

IGM Financial (OTCMKTS:IGIFF) is anticipated to post 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 Performance

Shares of OTCMKTS:IGIFF opened at $58.90 on Wednesday. IGM Financial has a 52-week low of $38.17 and a 52-week high of $65.17. The stock’s fifty day simple moving average is $60.26 and its 200-day simple moving average is $55.64.

Analyst Ratings Changes

A number of research firms recently commented on IGIFF. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of IGM Financial in a research report on Friday, July 31st. BMO Capital Markets upgraded shares of IGM Financial from a “market perform” rating to an “outperform” rating in a report on Thursday, October 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of IGM Financial in a research note on Friday, July 31st. Finally, Scotiabank reiterated a “sector perform” rating on shares of IGM Financial in a report on Wednesday, October 28th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average 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.