IAMGOLD (IAG) Receives a Rating Update from a Top Analyst
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Josh Wolfson maintained a Buy rating on IAMGOLD (IAG) with a $20.00 price target, while Bank of America Securities also issued a Buy rating. Conversely, Scotiabank maintained a Hold rating on the stock.
In a report released on August 10, Josh Wolfson from RBC Capital maintained a Buy rating on IAMGOLD, with a price target of $20.00. The company’s shares closed yesterday at C$25.63.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Wolfson is a top 100 analyst with an average return of 23.1% and a 68.24% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Triple Flag Precious Metals, Agnico Eagle, and Barrick Mining.
In addition to RBC Capital, IAMGOLD also received a Buy from Bank of America Securities’s Sathish Kasinathan in a report issued on August 10. However, on August 7, Scotiabank maintained a Hold rating on IAMGOLD (NYSE: IAG).