Free Trial

IAMGOLD (IMG) Stock Forecast & Price Target

C$5.74
-0.03 (-0.52%)
(As of 07/12/2024 ET)

IAMGOLD - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

C$5.03
-12.46% Downside
High ForecastC$6.75
Average ForecastC$5.03
Low ForecastC$2.75
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$5.03C$5.03C$4.31C$4.38
Forecasted Upside-12.46% Downside23.84% Upside25.23% Upside19.21% Upside
Get IAMGOLD Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for IMG and its competitors with MarketBeat's FREE daily newsletter.

IMG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

IMG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

IAMGOLD Stock vs. The Competition

TypeIAMGOLDBasic Materials Companies
Consensus Rating Score
2.40
2.62
Consensus RatingHoldModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/13/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector PerformC$6.50 ➝ C$6.75+16.18%
4/23/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$3.75 ➝ C$5.50+7.42%
4/19/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$3.00 ➝ C$5.25+3.55%
4/9/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$4.40 ➝ C$6.20+24.50%
4/8/2024National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Parkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform Spec Overwgt
12/19/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$3.50 ➝ C$3.25-8.45%
11/13/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$5.50 ➝ C$5.00+64.47%
9/12/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Sector PerformC$1.75 ➝ C$2.75-12.97%
8/14/2023Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$6.00 ➝ C$5.50+74.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:19 AM ET.

IMG Forecast - Frequently Asked Questions

What is IAMGOLD's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for IAMGOLD is C$5.03, with a high forecast of C$6.75 and a low forecast of C$2.75.

Should I buy or sell IAMGOLD stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMG, but not buy additional shares or sell existing shares.

Does IAMGOLD's stock price have much upside?

According to analysts, IAMGOLD's stock has a predicted upside of 23.84% based on their 12-month stock forecasts.

What analysts cover IAMGOLD?

IAMGOLD has been rated by research analysts at Canaccord Genuity Group, National Bankshares, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like IAMGOLD more than its competitors?

Analysts like IAMGOLD less than other "basic materials" companies. The consensus rating for IAMGOLD is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how IMG compares to other companies.


This page (TSE:IMG) was last updated on 7/14/2024 by MarketBeat.com Staff

From Our Partners