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

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

IGM Financial Stock Performance

Shares of IGM opened at C$44.90 on Thursday. The company’s 50 day moving average price is C$45.35 and its 200 day moving average price is C$43.27. IGM Financial Inc. has a 52 week low of C$32.95 and a 52 week high of C$47.96. The company has a market capitalization of C$10.71 billion, a PE ratio of 11.50, a PEG ratio of 4.09 and a beta of 1.53. The company has a debt-to-equity ratio of 97.24, a quick ratio of 0.31 and a current ratio of 3.61.

Analyst Ratings Changes

IGM has been the subject of several analyst reports. Scotiabank increased their price target on shares of IGM Financial from C$53.00 to C$56.00 in a report on Friday, November 8th. BMO Capital Markets increased their target price on shares of IGM Financial from C$47.00 to C$48.00 in a report on Monday, February 10th. TD Securities increased their target price on shares of IGM Financial from C$51.00 to C$56.00 and gave the company a “buy” rating in a report on Monday, February 10th. CIBC increased their target price on shares of IGM Financial from C$47.00 to C$50.00 in a report on Friday, November 8th. Finally, National Bankshares increased their price target on shares of IGM Financial from C$47.00 to C$50.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, IGM Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of C$50.29.

About IGM Financial

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.