What is an Abnormal Return?
OTCMKTS:IGIFF opened at $35.57 on Friday. The stock has a 50-day moving average of $35.64. IGM Financial has a 12 month low of $21.75 and a 12 month high of $37.59. A number of brokerages recently issued reports on IGIFF. National Bank Financial began coverage on shares of IGM Financial in a research report on Thursday, April 29th. They set an outperform rating for the company. Desjardins lifted their target price on shares of IGM Financial from $44.00 to $48.00 and gave the stock a hold rating in a report on Wednesday, May 5th. CIBC lifted their target price on shares of IGM Financial from $45.00 to $49.00 and gave the stock an outperform rating in a report on Tuesday, May 4th. BMO Capital Markets lifted their price target on shares of IGM Financial from $44.00 to $47.00 and gave the stock a market perform rating in a research note on Monday, May 10th. Finally, Barclays lifted their price target on shares of IGM Financial from $34.00 to $41.00 and gave the stock an underweight rating in a research note on Tuesday, May 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $47.25.