IGM Financial (IGIFF) Expected to Release Earnings on Thursday

IGM Financial (OTCMKTS:IGIFF) is expected 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

OTCMKTS:IGIFF opened at $59.04 on Thursday. The stock’s 50-day moving average is $60.54 and its 200-day moving average is $55.38. IGM Financial has a 1-year low of $38.17 and a 1-year high of $65.17.

Analyst Ratings Changes

A number of analysts have weighed in on IGIFF shares. Scotiabank reiterated a “sector perform” rating on shares of IGM Financial in a report on Wednesday. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of IGM Financial in a research note on Friday, July 31st. BMO Capital Markets raised IGM Financial from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 22nd. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of IGM Financial in a research report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

About IGM Financial

IGM Financial Inc is a Canadian wealth and asset management company that provides investment, financial planning and advisory services to individuals, families and institutions. The company operates primarily through IG Wealth Management, which offers comprehensive financial planning, investment products, insurance and retirement solutions through a network of financial consultants.

IGM Financial also owns Mackenzie Investments, an asset manager that provides mutual funds, exchange-traded funds, separately managed accounts and other investment solutions for retail and institutional clients.