IBI Group Inc. (TSE:IBG) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of IBI Group Inc. (TSE:IBGGet Rating) have received an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$18.75.

A number of research firms have recently commented on IBG. TD Securities downgraded IBI Group from a “buy” rating to a “tender” rating and increased their target price for the company from C$17.50 to C$19.50 in a research report on Tuesday, July 19th. Raymond James lowered IBI Group from an “outperform” rating to a “market perform” rating and increased their price target for the company from C$17.50 to C$19.50 in a report on Tuesday, July 19th.

IBI Group Stock Down 0.1 %

TSE IBG opened at C$19.46 on Friday. The company has a debt-to-equity ratio of 117.00, a quick ratio of 1.63 and a current ratio of 1.79. The company has a market capitalization of C$607.44 million and a P/E ratio of 29.48. IBI Group has a one year low of C$10.83 and a one year high of C$19.50. The stock has a 50 day moving average price of C$19.26 and a 200-day moving average price of C$15.36.

IBI Group (TSE:IBGGet Rating) last posted its earnings results on Thursday, August 4th. The company reported C$0.24 EPS for the quarter, beating analysts’ consensus estimates of C$0.22 by C$0.02. The firm had revenue of C$126.33 million for the quarter, compared to the consensus estimate of C$119.13 million. As a group, equities analysts predict that IBI Group will post 0.93 EPS for the current fiscal year.

IBI Group Company Profile

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IBI Group Inc provides various professional services in Canada, the United States, the United Kingdom, and internationally. Its professional services include urban 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.

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Analyst Recommendations for IBI Group (TSE:IBG)

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