Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from IGM Financial ( (TSE:IGM) ).
IGM Financial Inc. has renewed its Normal Course Issuer Bid (NCIB) and Automatic Securities Purchase Plan (ASPP), allowing the company to purchase up to 5% of its outstanding common shares for cancellation through the Toronto Stock Exchange or alternative trading systems. This program aligns with IGM’s strategic capital management goals, mitigating stock option dilution and positioning the company for improved shareholder value while maintaining its commitment to effective financial planning and investment management for clients.
The most recent analyst rating on (TSE:IGM) stock is a Hold with a C$61.00 price target. To see the full list of analyst forecasts on IGM Financial stock, see the TSE:IGM Stock Forecast page.
Spark’s Take on TSE:IGM Stock
According to Spark, TipRanks’ AI Analyst, TSE:IGM is a Outperform.
IGM Financial’s strong financial performance and positive earnings call are the most significant factors driving the score. The company’s robust profitability, strategic growth initiatives, and fair valuation contribute positively. However, technical indicators suggest caution due to overbought conditions, and the decline in free cash flow growth needs attention.
To see Spark’s full report on TSE:IGM stock, click here.
More about IGM Financial
IGM Financial Inc. is a leading Canadian diversified wealth and asset management organization managing approximately $311 billion in assets as of November 2025. It offers financial planning and investment management services targeting over two million Canadian clients through its subsidiaries IG Wealth Management and Mackenzie Investments. The company is also bolstered by strategic investments in Rockefeller Capital Management, Wealthsimple, ChinaAMC, and Northleaf Capital, strengthening its reach and diversification.
Average Trading Volume: 334,109
Technical Sentiment Signal: Buy
Current Market Cap: C$14.71B
For an in-depth examination of IGM stock, go to TipRanks’ Overview page.