Published On: Mon, Jun 19th, 2017

Reviewing Individual Broker Targets Of Iamgold Corporation (NYSE:IAG)


Recently stock market analysts have updated their consensus ratings on shares of Iamgold Corporation (NYSE:IAG).

Most recent broker ratings

06/15/2017 – Raymond James began new coverage on Iamgold Corporation giving the company a “market perform” rating. They now have a USD 6 price target on the stock.

05/23/2017 – Iamgold Corporation had its “neutral” rating reiterated by analysts at Bank of America Merrill Lynch.

05/10/2017 – Iamgold Corporation was upgraded to “neutral” by analysts at Credit Suisse. They now have a USD 5 price target on the stock.

02/06/2017 – BMO Capital Markets began new coverage on Iamgold Corporation giving the company a “market perform” rating. They now have a USD 4.75 price target on the stock.

01/10/2017 – Iamgold Corporation was downgraded to “underperform” by analysts at Scotiabank.

11/08/2016 – Iamgold Corporation was upgraded to “buy” by analysts at TD Securities.

10/19/2016 – Iamgold Corporation was upgraded to “buy” by analysts at Canaccord Genuity.

08/08/2016 – Iamgold Corporation had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 6.5 price target on the stock.

06/27/2016 – Iamgold Corporation was upgraded to “sector perform” by analysts at CIBC.

05/05/2016 – Iamgold Corporation had its “neutral” rating reiterated by analysts at Macquarie.

02/22/2016 – Iamgold Corporation was downgraded to “sell” by analysts at Mackie. They now have a USD 2.5 price target on the stock.

02/12/2016 – Iamgold Corporation was upgraded to “neutral” by analysts at Goldman Sachs.

11/25/2015 – Morgan Stanley began new coverage on Iamgold Corporation giving the company a “underweight” rating. They now have a USD 1.35 price target on the stock.

11/24/2015 – Iamgold Corporation was upgraded to “hold” by analysts at HSBC.

07/10/2015 – Iamgold Corporation had its “buy” rating reiterated by analysts at Roth Capital. They now have a USD 3.5 price target on the stock.

Iamgold Corporation has a 50 day moving average of 4.43 and a 200 day moving average of 4.20. The stock’s market capitalization is 2.35B, it has a 52-week low of 3.14 and a 52-week high of 5.87.

The share price of the company (NYSE:IAG) was down -0.59% during the last trading session, with a high of 5.16 and the volume of Iamgold Corporation shares traded was 22670538.

IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company’s gold mine segment is divided into geographic segments, such as Burkina Faso – Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company’s non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.