How Does Iamgold Corp (IAG) Stock Rank on Wall Street Friday?

Friday, March 24, 2023 12:32 PM | InvestorsObserver Analysts

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Wall Street is positive on Iamgold Corp (IAG). On average, analysts give IAG a Buy rating. The average price target is $2.567, which means analysts expect the stock to gain by 0.27% over the next twelve months. That average ranking earns IAG an Analyst Rating of 14, which is better than 14% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating IAG a Buy today. Find out what this means to you and get the rest of the rankings on IAG!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Iamgold Corp Stock Today?

Iamgold Corp (IAG) stock has gained 0.79% while the S&P 500 is down -0.32% as of 12:30 PM on Friday, Mar 24. IAG has gained $0.02 from the previous closing price of $2.54 on volume of 1,529,154 shares. Over the past year the S&P 500 has fallen -12.92% while IAG is down -26.01%. IAG lost -$0.11 per share the over the last 12 months. Click Here to get the full Stock Report for Iamgold Corp stock.

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