IBI Group Inc (IBG) Forecasted to Earn Q4 2016 Earnings of $0.27 Per Share
IBI Group Inc (TSE:IBG) – Stock analysts at Raymond James Financial lifted their Q4 2016 earnings per share estimates for shares of IBI Group in a research note issued on Tuesday. Raymond James Financial analyst F. Bastien now forecasts that the brokerage will earn $0.27 per share for the quarter, up from their prior estimate of $0.09.
A number of other equities research analysts have also weighed in on the stock. Scotiabank raised their price target on shares of IBI Group from C$6.00 to C$6.50 and gave the company a “sector perform” rating in a report on Friday, September 16th. 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. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of C$5.75.
IBI Group (TSE:IBG) opened at 6.19 on Thursday. The firm’s market capitalization is $155.86 million. IBI Group has a 1-year low of $1.90 and a 1-year high of $6.73. The firm has a 50-day moving average of $6.08 and a 200-day moving average of $5.44.
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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