Shares of IBI Group Inc (TSE:IBG) have earned an average rating of “Hold” from the six ratings firms that are currently covering the company. Two analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$5.75.
A number of research firms have commented on IBG. Scotiabank increased their price objective on shares of IBI Group from C$5.00 to C$6.00 and gave the company a “sector perform” rating in a report on Monday, August 15th. National Bank Financial raised their price target on shares of IBI Group from C$5.00 to C$6.00 in a report on Monday, July 11th. Canaccord Genuity downgraded shares of IBI Group from a “buy” rating to a “hold” rating and raised their price target for the stock from C$4.50 to C$5.00 in a report on Wednesday, June 15th. Finally, 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.
Shares of IBI Group (TSE:IBG) opened at 5.66 on Wednesday. The firm’s 50-day moving average price is $6.01 and its 200-day moving average price is $4.98. The stock has a market cap of $141.31 million and a price-to-earnings ratio of 32.34. IBI Group has a 12-month low of $1.85 and a 12-month high of $6.60.
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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