Analyst Price Target is C$48.71
▲ +12.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for IGM Financial in the last 3 months. The average price target is C$48.71, with a high forecast of C$56.00 and a low forecast of C$42.00. The average price target represents a 12.90% upside from the last price of C$43.15.
Current Consensus is
Moderate Buy
The current consensus among 5 investment analysts is to moderate buy stock in IGM Financial. This rating has held steady since October 2023, when it changed from a Hold consensus rating.
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisionsasset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)that provide investment management products and services. IGM Financial had CAD 225.6 billion in assets under management, or AUM, and CAD 30.1 billion in assets under advisement at the end of May 2022.
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