Iamgold (IAG, Financial) continues to catch the attention of investors as CIBC maintains its "Outperformer" rating for the company. This decision was reaffirmed on May 8, 2025, as reported by analyst Anita Soni.
In the latest analyst update, CIBC has raised its price target for Iamgold (IAG, Financial) from $8.40 to $9.20 USD. This adjustment marks a 9.52% increase in the price target, signaling confidence in the company's potential growth and value.
The consistent "Outperformer" rating suggests a positive outlook for IAG, with expectations of the stock performing well compared to the broader market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Iamgold Corp (IAG, Financial) is $9.28 with a high estimate of $12.34 and a low estimate of $4.25. The average target implies an upside of 34.90% from the current price of $6.88. More detailed estimate data can be found on the Iamgold Corp (IAG) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Iamgold Corp's (IAG, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Iamgold Corp (IAG, Financial) in one year is $6.18, suggesting a downside of 10.17% from the current price of $6.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Iamgold Corp (IAG) Summary page.
