A number of firms have modified their ratings and price targets on shares of IGM Financial (TSE: IGM) recently:
- 5/11/2026 – IGM Financial had its price target raised by TD from C$80.00 to C$86.00. They now have a “buy” rating on the stock.
- 4/29/2026 – IGM Financial had its price target raised by National Bank Financial from C$82.00 to C$85.00.
- 4/29/2026 – IGM Financial had its price target raised by Canadian Imperial Bank of Commerce from C$68.00 to C$76.00.
- 4/29/2026 – IGM Financial had its price target raised by BMO Capital Markets from C$68.00 to C$72.00.
- 4/28/2026 – IGM Financial had its price target raised by Scotiabank from C$69.00 to C$76.00.
Insider Activity
In other news, Director James Patrick O’sullivan sold 25,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of C$68.73, for a total transaction of C$1,718,250.00. Following the completion of the transaction, the director directly owned 38,229 shares in the company, valued at approximately C$2,627,479.17. This represents a 39.54% decrease in their position. In the last ninety days, insiders sold 92,400 shares of company stock worth $6,306,649. Insiders own 66.58% of the company’s stock.
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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