
IAMGOLD (IAG) Stock Forecast & Price Target
IAMGOLD (IAG) Analyst Ratings
Bulls say
Iamgold is facing some challenges in the form of mixed performance across key segments, a sizable gap between reported and core EPS, and a higher tax rate, which overshadow potential strengths such as an increase in stock buyback and strong performance in the seg fund business. Despite a strong longer-term potential, the current stock price is expected to face pressure due to underwhelming Q1 results, leading to a Negative outlook. The lifeco continues to have a high P/BV multiple of 2.2x.
Bears say
Iamgold is facing declining EPS estimates due to a higher tax rate and lower BVPS, while also experiencing both lower profits and higher costs within their non-gold mine segments. Additionally, the company's core ROE and BVPS have also decreased, while still maintaining strong financial ratios such as a 133% LICAT ratio and $665 MM in organic capital generated this year.
This aggregate rating is based on analysts' research of IAMGOLD and is not a guaranteed prediction by Public.com or investment advice.
IAMGOLD (IAG) Analyst Forecast & Price Prediction
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