Published On: Wed, Oct 19th, 2016

Iamgold Corporation (NYSE:IAG) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Iamgold Corporation (NYSE:IAG).

08/18/2016 – Broker: Credit Suisse Rating: neutral New Target: 5.25 newcoverage

08/08/2016 – Broker: RBC Capital Rating: sector perform New Target: 6.5 reiteration

06/27/2016 – Broker: CIBC Rating: sector perform upgrade

05/05/2016 – Broker: Macquarie Rating: neutral reiteration

02/22/2016 – Broker: Mackie Rating: sell New Target: 2.5 downgrade

02/12/2016 – Broker: Goldman Sachs Rating: neutral upgrade

01/20/2016 – Broker: Canaccord Genuity Rating: hold upgrade

11/25/2015 – Broker: Morgan Stanley Rating: underweight New Target: 1.35 newcoverage

11/24/2015 – Broker: HSBC Rating: hold upgrade

07/24/2015 – Broker: Raymond James Rating: underperform downgrade

07/10/2015 – Broker: Roth Capital Rating: buy New Target: 3.5 reiteration

11/14/2014 – Broker: Barclays Rating: underweight New Target: 2 reiteration

08/18/2014 – Broker: Societe Generale Rating: sector perform New Target: 4.5 reiteration

02/25/2014 – Broker: TheStreet Rating: sell downgrade

02/21/2014 – Broker: Cormark Securities Rating: reduce downgrade

The average price target from the most recent broker reports is 3.66

The stock increased +6.71% (+0.23) during the last days session, reaching 3.66 and roughly 6983112 shares were bought or sold by traders. Iamgold Corporation (NYSE:IAG) has increased by +93.65% over 12 months.

IAMGOLD Corporation (IAMGOLD) is engaged in the exploration, development and production of mineral resource properties across the world. Through its holdings, IAMGOLD has interests in various operations and exploration properties, as well as various royalty interests on mineral resource properties. All gold produced by IAMGOLD is in the form of dore bars, which is sold to gold refineries in North America and Europe. The Company’s mining activities in Canada include Doyon Division with Westwood Mine in Quebec and Cote Gold Project development project in Ontario. Its mining activities in Africa include Burkina Faso- Essakane mine and Mali – Sadiola Mine, and in South America include Suriname – Rosebel Mine. In addition to the mine site and development programs, the Company also conducts greenfields exploration program on selected projects in West Africa and the Americas.