IAMGOLD Corp (TSE:IMG) (NYSE:IAG) had its price target upped by Scotiabank from C$7.00 to C$7.50 in a research note published on Thursday. They currently have a buy rating on the mining company’s stock.

A number of other research firms have also weighed in on IMG. National Bank Financial raised shares of IAMGOLD Corp from a sector perform market weight rating to an outperform market weight rating in a report on Wednesday, October 19th. TD Securities raised their price target on shares of IAMGOLD Corp from C$6.50 to C$7.00 and gave the company a hold rating in a report on Thursday, August 18th. Finally, Canaccord Genuity raised their price target on shares of IAMGOLD Corp from C$6.50 to C$7.50 and gave the company a hold rating in a report on Thursday, August 4th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. IAMGOLD Corp presently has an average rating of Hold and a consensus target price of C$5.06.

IAMGOLD Corp (TSE:IMG) opened at 4.74 on Thursday. The firm’s market capitalization is $2.14 billion. IAMGOLD Corp has a 1-year low of $1.66 and a 1-year high of $7.65. The firm has a 50-day moving average of $5.09 and a 200-day moving average of $5.40.

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IAMGOLD Corp Company Profile

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.

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