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Iamgold Corp has a consensus price target of $5.37 based on the ratings of 11 analysts. The high is $11 issued by National Bank Financial Inc on October 10, 2024. The low is $1.65 issued by B of A Securities on October 19, 2022. The 3 most-recent analyst ratings were released by CIBC, Canaccord Genuity, and RBC Capital on October 22, 2024, respectively. With an average price target of $7.63 between CIBC, Canaccord Genuity, and RBC Capital, there's an implied 46.79% upside for Iamgold Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Iamgold (NYSE:IAG) was reported by CIBC on October 22, 2024. The analyst firm set a price target for $6.40 expecting IAG to rise to within 12 months (a possible 23.08% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Iamgold (NYSE:IAG) was provided by CIBC, and Iamgold maintained their neutral rating.
The last upgrade for Iamgold Corp happened on October 22, 2024 when Canaccord Genuity raised their price target to $10.5. Canaccord Genuity previously had a hold for Iamgold Corp.
The last downgrade for Iamgold Corp happened on May 4, 2022 when Raymond James changed their price target from $3 to $2.25 for Iamgold Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iamgold, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Iamgold was filed on October 22, 2024 so you should expect the next rating to be made available sometime around October 22, 2025.
While ratings are subjective and will change, the latest Iamgold (IAG) rating was a maintained with a price target of $5.40 to $6.40. The current price Iamgold (IAG) is trading at is $5.20, which is out of the analyst’s predicted range.
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