IGM Financial Inc. (TSE:IGM) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts give IGM Financial a consensus rating of "Hold" (5 holds, 2 buys) with an average 12‑month price target of C$68.57, while the stock recently traded around C$72.53, above that average target.
• Several brokers have raised targets recently—TD to C$76, National Bank to C$82 (outperform), RBC to C$65—indicating mixed but notable upward revisions from some firms.
• Insiders own about 66.58% of the company but have been net sellers recently, including 92,400 shares sold in the last 90 days and a director sale of 2,800 shares at C$68.35.

IGM Financial Inc. (TSE:IGM - Get Free Report) has received a consensus rating of "Hold" from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$68.57.

A number of equities analysts have commented on IGM shares. TD Securities increased their target price on IGM Financial from C$73.00 to C$76.00 and gave the company a "buy" rating in a report on Tuesday, February 17th. Royal Bank Of Canada increased their target price on IGM Financial from C$51.00 to C$65.00 and gave the company a "sector perform" rating in a report on Monday, January 26th. National Bank Financial increased their target price on IGM Financial from C$68.00 to C$82.00 and gave the company an "outperform" rating in a report on Wednesday, February 4th. BMO Capital Markets increased their target price on IGM Financial from C$57.00 to C$68.00 in a report on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce increased their target price on IGM Financial from C$61.00 to C$68.00 in a report on Wednesday, January 21st.

Insider Activity at IGM Financial

In related news, Director James Patrick O'sullivan sold 2,800 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of C$68.35, for a total value of C$191,380.00. Following the completion of the sale, the director owned 134,329 shares of the company's stock, valued at approximately C$9,181,387.15. This trade represents a 2.04% decrease in their ownership of the stock. Insiders sold a total of 92,400 shares of company stock valued at $6,306,649 over the last ninety days. 66.58% of the stock is currently owned by company insiders.

IGM Financial Price Performance

Shares of IGM Financial stock opened at C$72.53 on Wednesday. The business has a 50 day simple moving average of C$66.22 and a two-hundred day simple moving average of C$61.32. IGM Financial has a 12 month low of C$41.00 and a 12 month high of C$72.76. The stock has a market capitalization of C$16.99 billion, a P/E ratio of 15.63, a PEG ratio of 4.09 and a beta of 0.90. The company has a debt-to-equity ratio of 82.52, a current ratio of 4.55 and a quick ratio of 0.31.

IGM Financial (TSE:IGM - Get Free Report) last announced its earnings results on Thursday, February 12th. The financial services provider reported C$1.27 EPS for the quarter. IGM Financial had a return on equity of 13.03% and a net margin of 28.81%.The business had revenue of C$1.05 billion during the quarter. As a group, analysts predict that IGM Financial will post 4.006816 EPS for the current fiscal year.

About IGM Financial

Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.

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