IBI Group Inc (IBG) Given a C$6.50 Price Target by Scotiabank Analysts
IBI Group Inc (TSE:IBG) has been assigned a C$6.50 price target by investment analysts at Scotiabank in a note issued to investors on Monday. The brokerage presently has a a “sector perform” rating on the stock. Scotiabank’s price target suggests a potential upside of 3.83% from the company’s previous close.
A number of other analysts also recently issued reports on the stock. Canaccord Genuity raised their price target on shares of IBI Group from C$5.00 to C$5.50 and gave the company a “hold” rating in a report on Monday, August 15th. Raymond James Financial Inc. raised their price target on shares of IBI Group from C$6.00 to C$7.00 in a report on Friday, August 12th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. IBI Group currently has an average rating of “Buy” and an average price target of C$5.75.
IBI Group (TSE:IBG) opened at 6.26 on Monday. The company’s market capitalization is $157.63 million. The stock has a 50 day moving average of $6.10 and a 200-day moving average of $5.42. IBI Group has a 52-week low of $1.90 and a 52-week high of $6.73.
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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