24 August, 2017
The analysts, on average, are forecasting a $6.34 price target, but the stock is already up 83.44% from its recent lows. The forecast of 5 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
A number of other analysts have also weighed in on the company.
According to the latest research reports released, 3 analysts have issued a rating of "buy", 5 analysts "outperform", 6 analysts "hold", 3 analysts "underperform" and 0 analysts "sell".
Regis Corporation (RGS) pulled off a 18.47 percent gain and now trades for $12.25.
Iamgold Corporation (IAG) opened at 5.76 on Friday. Analysts reported that the Price Target for IAMGOLD Corp. might touch $7.99 high while the Average Price Target and Low price Target is $6.34 and $4 respectively. A 8 analysts rate it as either a buy or a strong buy, while3 believe that investors should either steer clear of IAG or, if they already own its stock, sell it. Iamgold Corporation has an average rating of "Hold" and an average target price of $6.29. About shares traded. IAMGOLD Corp (USA) (NYSE:IAG) has risen 21.20% since August 23, 2016 and is uptrending.
The P/E ratio is now 5.43 and the market cap of the company is 2.77B. The stock's 50 day moving average price is $5.27 and its 200 day moving average price is $4.59. The value of the investment in (IAG) went from $35,000 to $42,000 increasing 20.0% since the last quarter.
In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for IAMGOLD Corp.as 266.44 Million. Iamgold Corporation had a return on equity of 1.43% and a net margin of 46.75%. The firm's revenue was up 18.1% compared to the same quarter previous year. TheStreet upgraded Iamgold Corporation from a "c-" rating to a "b" rating in a report on Thursday, August 17th. If you are accessing this piece on another site, it was illegally stolen and republished in violation of worldwide copyright laws. The correct version of this article can be read at https://baseballnewssource.com/markets/iamgold-corporation-iag-stock-rating-upgraded-by-bmo-capital-markets/1537901.html. AQR Capital Management LLC raised its stake in Iamgold Corporation by 280.7% in the fourth quarter. The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $0.01/share. Tocqueville Asset Management L.P. increased its position in shares of Iamgold Corporation by 183.9% in the second quarter. Creative Planning now owns 98,440 shares of the mining company's stock valued at $394,000 after buying an additional 10,168 shares during the period. Van ECK Associates Corp increased its position in shares of Iamgold Corporation by 3.5% in the first quarter. Finally, Vanguard Group Inc. increased its position in shares of Iamgold Corporation by 3.9% in the first quarter. Vanguard Group Inc. now owns 9,492,363 shares of the mining company's stock worth $48,980,000 after buying an additional 838,766 shares during the last quarter.
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa.
