Trade Report: Today: Equities Analysts Offer Predictions for IAMGOLD Corp’s Q3 2016 Earnings (IMG)

Today: Equities Analysts Offer Predictions for IAMGOLD Corp’s Q3 2016 Earnings (IMG)

IAMGOLD Corp (TSE:IMG) – Equities research analysts at National Bank Financial issued their Q3 2016 earnings per share estimates for shares of IAMGOLD Corp in a research note issued on Wednesday. National Bank Financial analyst S. Parsons forecasts that the firm will post earnings of $0.00 per share for the quarter. National Bank Financial also issued estimates for IAMGOLD Corp’s FY2016 earnings at ($0.05) EPS and FY2017 earnings at ($0.06) EPS.

Several other equities research analysts have also commented on the stock. Canaccord Genuity boosted their price objective on shares of IAMGOLD Corp from C$4.50 to C$6.50 in a research note on Tuesday, July 12th. TD Securities lifted their target price on shares of IAMGOLD Corp from C$6.50 to C$7.00 and gave the stock a “hold” rating in a report on Thursday, August 18th. Finally, CIBC raised shares of IAMGOLD Corp from an “underperform” rating to a “sector perform” rating in a report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of C$4.89.

IAMGOLD Corp (TSE:IMG) opened at 4.45 on Monday. 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 $5.16 and a 200 day moving average of $5.06. The company’s market capitalization is $1.81 billion.

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