IGM Financial Inc
IGM: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 64.00 | Hyl | Sqltzrdy |
IGM Financial Earnings: Market Gains Lift AUM but Outflows Continue To Be a Drag
There was little in no-moat-rated IGM Financial's second-quarter results that would alter our long-term view of the firm. We are leaving our CAD 42 per share fair value estimate in place. We view the shares as being modestly undervalued right now.