IBI Group Inc Forecasted to Post FY2018 Earnings of $0.41 Per Share (IBG)
IBI Group Inc (TSE:IBG) – Stock analysts at National Bank Financial increased their FY2018 earnings per share (EPS) estimates for shares of IBI Group in a research report issued to clients and investors on Sunday, November 11th. National Bank Financial analyst M. Sytchev now forecasts that the company will earn $0.41 per share for the year, up from their previous forecast of $0.30. National Bank Financial has a “Outperform” rating and a $8.50 price target on the stock.
IBG has been the topic of a number of other research reports. TD Securities dropped their price target on shares of IBI Group from C$9.00 to C$8.00 and set a “buy” rating on the stock in a research report on Monday, August 13th. Raymond James dropped their price target on shares of IBI Group from C$7.50 to C$6.50 and set a “market perform” rating on the stock in a research report on Tuesday, August 14th.
In other IBI Group news, insider Ibi Group Management Partnersh purchased 5,600 shares of the firm’s stock in a transaction on Friday, September 21st. The shares were purchased at an average price of C$4.54 per share, for a total transaction of C$25,424.00. Also, Director Dale Elson Richmond purchased 10,000 shares of the firm’s stock in a transaction on Friday, September 28th. The shares were acquired at an average price of C$4.58 per share, for a total transaction of C$45,800.00. Insiders have purchased 45,900 shares of company stock worth $218,278 in the last ninety days.
IBI Group Company Profile
IBI Group Inc provides various professional services in Canada and internationally. Its professional services include design and planning, architecture, civil engineering, transportation engineering, traffic engineering, systems engineering, urban geography, real estate analysis, landscape architecture, communications engineering, software development, and other consulting services.
Featured Article: What is cost of equity?
Receive News & Ratings for IBI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBI Group and related companies with MarketBeat.com's FREE daily email newsletter.