Today, IAMGOLD Corp (IMG) Price Target Increased to C$7.50 by Analysts at Scotiabank

Today, IAMGOLD Corp (IMG) Price Target Increased to C$7.50 by Analysts at Scotiabank

IAMGOLD Corp (TSE:IMG) (NYSE:IAG) had its target price lifted by Scotiabank from C$7.00 to C$7.50 in a report released on Thursday. Scotiabank currently has a buy rating on the mining company’s stock.

IMG has been the subject of a number of other reports. Canaccord Genuity reduced their price objective on shares of IAMGOLD Corp from C$8.00 to C$7.00 in a research note on Monday, October 24th. National Bank Financial upgraded shares of IAMGOLD Corp from a sector perform market weight rating to an outperform market weight rating in a research note on Wednesday, October 19th. Finally, TD Securities boosted their price objective on shares of IAMGOLD Corp from C$5.50 to C$6.50 and gave the stock a hold rating in a research note on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. IAMGOLD Corp has a consensus rating of Hold and an average target price of C$5.06.

Shares of IAMGOLD Corp (TSE:IMG) opened at 4.74 on Thursday. The company’s market capitalization is $2.14 billion. IAMGOLD Corp has a 12 month low of $1.66 and a 12 month high of $7.65. The company has a 50-day moving average of $5.09 and a 200 day moving average of $5.40.

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