Canaccord Genuity analyst Carey MacRury maintained a Hold rating on IAMGOLD (NYSE:IAG) Corp on Tuesday, setting a price target of C$6.5, which is approximately 41.61% above the present share price of $4.59.
MacRury expects IAMGOLD Corp to post earnings per share (EPS) of -$0.07 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in IAMGOLD, with an average price target of $4.4.
The analysts price targets range from a high of $5.73 to a low of $3.25.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $274.5 million and a net profit of $9.2 million. The company's market cap is $2.16 billion.
According to TipRanks.com, Canaccord Genuity analyst Carey MacRury is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.1% and a 80.60% success rate.
IAMGOLD Corp. engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.