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A report released earlier today by Scotia Capital about Iamgold Corp (TSE:IAG) ups the target price to $8.50

Just yesterday Iamgold Corp (TSE:IAG) traded 0.51% higher at $53.26. Iamgold Corp’s 50-day moving average is $54.28 and its 200-day moving average is $55.07. The last stock price is down -3.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 371,125 shares of IAG traded hands, up from an average trading volume of 173,225

In a report released on Friday September 15, 2017 Scotia Capital increased the stock price target of Iamgold Corp (TSE:IAG) to $8.50 reporting a possible downside of -0.84%.

Previously on 09/07/2017, Raymond James released a statement about Iamgold Corp (TSE:IAG) increased the target price from $0.00 to $9.00. At the time, this indicated a possible downside of -0.83%.

Recent Performance Chart

Iamgold Corp (TSE:IAG)

Iamgold Corp has 52 week low of $46.75 and a 52 week high of $59.41 with a PE ratio of 10.47 and has a market capitalization of $0.

In addition to Scotia Capital reporting its stock price target, a total of 10 brokerages have issued a ratings update on the company. The average stock price target is $42.26 with 0 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Iamgold Corp (TSE:IAG)

Industrial Alliance Insurance and Financial Services Inc. is a Canada-based company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company's segments include Individual Insurance, which includes life, health, disability and mortgage insurance products; Individual Wealth Management, which includes individual products and services for savings plans, retirement funds and segregated funds, as well as securities brokerage, trust operations and mutual funds; Group Insurance, which includes life, health, accidental death and dismemberment, creditor insurance, replacement warranties and extended warranties, and specialized products for special markets solutions; Group Savings and Retirement, which includes retirement funds and segregated funds, and Other, which includes auto and home insurance products, asset management and financing.

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