Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Financial Stocks: HIVE Digital Technologies (HIVE) and IGM Financial (OtherIGIFF)

Tipranks - Wed Feb 18, 12:04PM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on HIVE Digital Technologies (HIVEResearch Report) and IGM Financial (IGIFFResearch Report).

President's Day Sale - 70% Off

HIVE Digital Technologies (HIVE)

H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating on HIVE Digital Technologies today and set a price target of $7.00. The company’s shares closed last Tuesday at $2.08, close to its 52-week low of $1.48.

According to TipRanks.com, Colonnese is a 5-star analyst with an average return of 61.8% and a 56.9% success rate. Colonnese covers the Financial sector, focusing on stocks such as Coinbase Global, Galaxy Digital, and Cipher Mining. ;'>

Currently, the analyst consensus on HIVE Digital Technologies is a Strong Buy with an average price target of $7.00, which is a 218.2% upside from current levels. In a report issued on February 13, B. Riley Securities also maintained a Buy rating on the stock with a $6.00 price target.

See today’s best-performing stocks on TipRanks >>

IGM Financial (IGIFF)

In a report released today, Scott Fletcher from CIBC maintained a Hold rating on IGM Financial, with a price target of C$68.00. The company’s shares closed last Tuesday at $48.81.

According to TipRanks.com, Fletcher is ranked #6210 out of 12109 analysts.

IGM Financial has an analyst consensus of Hold, with a price target consensus of $50.09, representing a 2.4% upside. In a report issued on February 6, Jefferies also maintained a Hold rating on the stock with a C$60.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.