IGM Financial traded at 79.59 this Friday October 23rd, decreasing 3.32 or 4.00 percent since the previous trading session. Looking back, over the last four weeks, IGM Financial lost 6.10 percent. Over the last 12 months, its price rose by 46.60 percent. Looking ahead, we forecast IGM Financial to be priced at 77.78 by the end of this quarter and at 72.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
IGM Financial Inc. is a Canada-based wealth and asset management company. The Company’s principal businesses are Investors Group Inc. and Mackenzie Financial Corporation, which operates within the advice segment of the financial services market. Its segments include IG Wealth Management and Mackenzie Investments, and Corporate and Other. IG Wealth Management is a provider of personal financial planning and wealth management through its network of Consultants to individuals, families and business owners in Canada. Mackenzie Investments is a diversified asset management solutions provider with investment managers providing investment mandates to external advisors serving various clients, including retail and institutional investors. Corporate and Other segment includes its share of earnings of its associates, Great-West Lifeco Inc. (Lifeco), China Asset Management Co., Ltd. (China AMC) and Personal Capital Corporation (Personal Capital).