IGM Financial Inc

IGM: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 73.00	Nbyzhv	Rxhtybc

IGM Financial Expected to See Better Profit Margins Going Forward; Raising FVE to CAD 49 Per Share

Greggory Warren

Nov 4, 2021

While there was little in narrow-moat IGM Financial's third-quarter results that would alter our long-term view of the firm, we are lifting our fair value estimate for the firm to CAD 49 per share from CAD 44 to account for continued improvements in the company's AUM, as well as adjustments to our own near- to medium-term forecasts for the firm, since our last update.

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