Credit Suisse (SIX:CSGN) analyst Fahad Tariq maintained a Hold rating on IAMGOLD (NYSE:IAG) Corp on Wednesday, setting a price target of $4, which is approximately 19.40% above the present share price of $3.35.
Tariq expects IAMGOLD Corp to post earnings per share (EPS) of -$0.02 for the first quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in IAMGOLD, with an average price target of $4.74.
The analysts price targets range from a high of $6.09 to a low of $4.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $335.1 million and a net profit of $60.2 million. The company's market cap is $1.59 billion.
According to TipRanks.com, Credit Suisse analyst Fahad Tariq is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 22.2% and a 66.67% 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.