IBI Group Inc (TSE:IBG) Receives Average Rating of “Buy” from Analysts
Shares of IBI Group Inc (TSE:IBG) have received an average rating of “Hold” from the six ratings firms that are presently covering the firm. Two analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$5.75.
A number of brokerages have issued reports on IBG. Raymond James Financial Inc. boosted their target price on IBI Group from C$6.00 to C$7.00 in a research report on Friday, August 12th. Scotiabank boosted their target price on IBI Group from C$6.00 to C$6.50 and gave the company a “sector perform” rating in a research report on Friday, September 16th. Canaccord Genuity boosted their target price on IBI Group from C$5.00 to C$5.50 and gave the company a “hold” rating in a research report on Monday, August 15th. Finally, National Bank Financial boosted their target price on IBI Group from C$5.00 to C$6.00 in a research report on Monday, July 11th.
Shares of IBI Group (TSE:IBG) traded down 2.43% during mid-day trading on Wednesday, reaching $5.63. The company’s stock had a trading volume of 72,858 shares. The stock has a 50 day moving average of $6.04 and a 200-day moving average of $4.95. IBI Group has a one year low of $1.85 and a one year high of $6.60. The stock has a market cap of $140.56 million and a P/E ratio of 32.17.
IBI Group Company Profile
IBI Group Inc is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure.
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