Brokerages Set IBI Group Inc (IBG) Target Price at $5.75
IBI Group Inc (TSE:IBG) has earned a consensus recommendation of “Hold” from the six research firms that are covering the stock. Two research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$5.75.
Several equities analysts have commented on IBG shares. Raymond James Financial Inc. increased their target price on shares of IBI Group from C$6.00 to C$7.00 in a research report on Friday, August 12th. Scotiabank increased their target price on shares of IBI Group from C$6.00 to C$6.50 and gave the stock a “sector perform” rating in a research report on Friday, September 16th. Finally, Canaccord Genuity increased their target price on shares of IBI Group from C$5.00 to C$5.50 and gave the stock a “hold” rating in a research report on Monday, August 15th.
Shares of IBI Group (TSE:IBG) opened at 6.26 on Wednesday. The firm’s 50-day moving average price is $6.09 and its 200 day moving average price is $5.37. IBI Group has a 52 week low of $1.90 and a 52 week high of $6.73. The firm has a market cap of $156.29 million and a PE ratio of 35.77.
About IBI Group
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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