Scotiabank Analysts Give Alithya Group (TSE:ALYA) a C$40.00 Price Target

Scotiabank set a C$40.00 target price on Alithya Group (TSE:ALYA) in a report issued on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, Ventum Financial raised their target price on shares of Alithya Group from C$2.85 to C$3.00 and gave the stock a “buy” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$12.25.

Alithya Group Trading Up 3.5%

Shares of ALYA stock opened at C$1.77 on Tuesday. Alithya Group has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.62. The company has a debt-to-equity ratio of 68.27, a quick ratio of 1.32 and a current ratio of 1.39. The stock’s fifty day moving average is C$1.70 and its two-hundred day moving average is C$1.86. The firm has a market capitalization of C$176.45 million, a P/E ratio of -6.56, a PEG ratio of 2.38 and a beta of 0.06.

Alithya Group (TSE:ALYA) last released its earnings results on Friday, November 14th. The company reported C$0.10 earnings per share (EPS) for the quarter. The business had revenue of C$124.29 million during the quarter. Alithya Group had a negative net margin of 0.69% and a negative return on equity of 1.88%. Research analysts expect that Alithya Group will post 0.0400733 earnings per share for the current fiscal year.

About Alithya Group

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of revenue from Canada.