CIBC Boosts IGM Financial (TSE:IGM) Price Target to C$45.00

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IGM Financial (TSE:IGM) had its price objective raised by CIBC from C$43.50 to C$45.00 in a report published on Tuesday morning, BayStreet.CA reports.

Shares of TSE IGM opened at C$39.76 on Tuesday. The company has a 50 day simple moving average of C$38.69 and a 200-day simple moving average of C$37.61. The company has a market capitalization of $9.43 billion and a P/E ratio of 12.99. The company has a debt-to-equity ratio of 49.63, a current ratio of 3.86 and a quick ratio of 0.48. IGM Financial has a 1 year low of C$32.79 and a 1 year high of C$40.37.

IGM Financial Company Profile

IGM Financial Inc, a financial services company, manages and distributes investment funds and other managed asset products in Canada. The company operates through Investors Group, Mackenzie Investments, and Corporate and Other segments. The company also offers financial planning services, including investment, tax, retirement, education, risk management, and estate planning; strategic investment planning tools; mutual funds; iProfile, a portfolio management program; and separately managed accounts and fee-based brokerage accounts.

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