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RBC Capital Remains a Buy on IAMGOLD (IAG)
RBC Capital analyst Harrison Reynolds maintained a Buy rating on IAMGOLD yesterday and set a price target of $23.00.
According to TipRanks, Reynolds is a 4-star analyst with an average return of 16.2% and a 54.24% success rate. Reynolds covers the Basic Materials sector, focusing on stocks such as OceanaGold, DPM Metals, and K92 Mining.
In a report released yesterday, Freedom Capital Markets also maintained a Buy rating on the stock with a $22.00 price target.
IAG market cap is currently C$14.26B and has a P/E ratio of 8.95.
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