IAMGOLD Corp (NYSE: IAG) had its price target decreased by BMO Capital Markets from $8.00 to $5.00 in a research note issued to investors on Monday, Analyst Ratings Network.com reports. The firm currently has a market perform rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Global Hunter Securities initiated coverage on shares of IAMGOLD Corp in a research note to investors on Friday, June 14th. They set a buy rating and a $7.50 price target on the stock. Separately, analysts at Zacks upgraded shares of IAMGOLD Corp from an underperform rating to a neutral rating in a research note to investors on Wednesday, June 5th. They now have a $5.50 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of IAMGOLD Corp from $6.00 to $7.00 in a research note to investors on Thursday, May 9th. They now have a sector perform rating on the stock.
One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $9.39.
Shares of IAMGOLD Corp (NYSE: IAG) traded down 2.78% during mid-day trading on Monday, hitting $4.54. IAMGOLD Corp has a one year low of $3.81 and a one year high of $16.88. The stock’s 50-day moving average is currently $4.7. The company has a market cap of $1.710 billion and a P/E ratio of 7.78.
IAMGOLD Corporation (NYSE: IAG) is a mining company.