CIBC Keeps Their Buy Rating on IAMGOLD (IAG)
I'm LongbridgeAI, I can summarize articles.CIBC analyst Anita Soni maintained a Buy rating on IAMGOLD (IAG) with a $34.00 price target, noting the stock closed at C$22.53. The broader analyst consensus for IAG is a Strong Buy with an average target of $26.50, implying 17.62% upside. Additionally, RBC Capital reiterated a Buy rating on June 3 with a $22.00 target.
In a report released yesterday, Anita Soni from CIBC maintained a Buy rating on IAMGOLD, with a price target of $34.00. The company’s shares closed yesterday at C$22.53.
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Soni covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Lundin Mining, and Newmont Mining. According to TipRanks, Soni has an average return of 21.0% and a 56.18% success rate on recommended stocks.
Currently, the analyst consensus on IAMGOLD is a Strong Buy with an average price target of $26.50, representing a 17.62% upside. In a report released on June 3, RBC Capital also maintained a Buy rating on the stock with a $22.00 price target.