IAMGOLD Corp (TSE:IMG) (NYSE:IAG) had its target price cut by National Bank Financial from C$10.00 to C$9.00 in a report published on Thursday, September 14th. They currently have an outperform rating on the mining company’s stock.
Several other equities analysts also recently weighed in on IMG. TD Securities raised their price target on IAMGOLD Corp from C$8.00 to C$8.50 and gave the company a buy rating in a report on Wednesday, June 7th. CIBC raised their price target on IAMGOLD Corp from C$5.00 to C$5.75 in a report on Wednesday, June 7th. BMO Capital Markets restated a market perform rating and set a C$5.00 price target on shares of IAMGOLD Corp in a report on Wednesday, June 7th. Royal Bank Of Canada raised their price target on IAMGOLD Corp to C$8.00 and gave the company a sector perform rating in a report on Thursday, June 8th. Finally, Scotiabank raised their price target on IAMGOLD Corp to C$8.00 and gave the company a sector perform rating in a report on Thursday, June 8th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of C$8.25.
Shares of IAMGOLD Corp (TSE:IMG) traded up 1.83% during trading on Thursday, hitting $7.81. 945,102 shares of the stock were exchanged. The firm has a 50 day moving average price of $7.60 and a 200 day moving average price of $6.35. IAMGOLD Corp has a 52 week low of $4.18 and a 52 week high of $8.87. The firm has a market capitalization of $3.63 billion and a P/E ratio of 7.12.
ILLEGAL ACTIVITY NOTICE: “IAMGOLD Corp (TSE:IMG) Given New C$9.00 Price Target at National Bank Financial” was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://stocknewstimes.com/2017/09/21/national-bank-financial-lowers-iamgold-corp-img-price-target-to-c9-00.html.
About IAMGOLD Corp
IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents.
Receive News & Ratings for IAMGOLD Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAMGOLD Corp and related companies with MarketBeat.com's FREE daily email newsletter.