
IAMGOLD (IAG) Stock Forecast & Price Target
IAMGOLD (IAG) Analyst Ratings
Bulls say
Iamgold is facing some setbacks due to lower profits from non-insurance activities and higher expenses in Q4, leading to a 9% miss in core EPS and a drop in core ROE. However, its BVPS increased 8% year-over-year and its LICAT ratio remains strong at 133%. With a revised price target of $174, investing in Iamgold may still have long-term potential, but near-term performance may be impacted by underwhelming Q4 results.
Bears say
Iamgold is facing headwinds in their key segments, with lower profits from core insurance activities and weaker non-insurance results. This has resulted in a suppressed reported EPS of $1.49, which is significantly lower than last quarter's 16.6% ROE. The company also has a high tax rate which will be a continued headwind to EPS growth, and with the stock already recovering since the post-Q4 selloff, it may be difficult to justify any further upside in the near future.
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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