IGM Financial (IGIFF) to Post Quarterly Earnings on Wednesday

IGM Financial (OTCMKTS:IGIFF) is anticipated to issue its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.9040 per share and revenue of $729.59 million for the quarter.

IGM Financial Stock Performance

Shares of IGM Financial stock opened at $58.69 on Monday. IGM Financial has a twelve month low of $32.74 and a twelve month high of $62.00. The company has a 50-day simple moving average of $57.27 and a two-hundred day simple moving average of $52.34.

Wall Street Analyst Weigh In

A number of research analysts recently commented on IGIFF shares. BMO Capital Markets restated a “market perform” rating on shares of IGM Financial in a research report on Wednesday, July 15th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of IGM Financial in a report on Friday, July 10th. Scotiabank reaffirmed a “sector perform” rating on shares of IGM Financial in a research note on Tuesday, April 28th. TD Securities reiterated a “buy” rating on shares of IGM Financial in a report on Monday, May 11th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of IGM Financial in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

IGM Financial Company Profile

IGM Financial Inc is a Canada-based wealth and asset management company that provides a range of financial planning and investment solutions to individual and institutional clients. Through its wholly owned subsidiaries—IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel—the firm offers advisory services, mutual funds, segregated funds, and a suite of managed portfolio solutions designed to meet diverse investor needs. IGM’s business model centers on delivering fee-based and commission-based products through a network of financial advisors and distribution partners across Canada.

The company’s flagship arm, IG Wealth Management, operates one of the largest financial advisor networks in the country, offering advice on retirement planning, tax strategies, estate and legacy planning, and insurance products.