Aimia Inc (TSE:AIM) had its price objective lowered by stock analysts at National Bank Financial from C$2.00 to C$1.50 in a research report issued to clients and investors on Friday. The firm currently has an “underperform” rating on the stock. National Bank Financial’s target price would suggest a potential downside of 21.47% from the stock’s current price.
Other analysts have also issued research reports about the company. Royal Bank Of Canada reduced their target price on Aimia from C$9.00 to C$5.00 and set a “sector perform” rating for the company in a report on Monday, May 15th. TD Securities cut their target price on Aimia from C$9.50 to C$3.75 and set a “hold” rating on the stock in a report on Thursday, May 18th. GMP Securities lowered Aimia from a “buy” rating to a “reduce” rating and cut their target price for the company from C$10.50 to C$4.00 in a report on Thursday, May 11th. BMO Capital Markets lowered Aimia from a “market perform” rating to an “underperform” rating and cut their target price for the company from C$10.00 to C$5.00 in a report on Thursday, May 11th. Finally, CIBC cut their target price on Aimia from C$8.00 to C$3.25 in a report on Friday, May 12th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of C$4.50.
Aimia (TSE:AIM) traded up 2.09% during trading on Friday, hitting $1.95. The stock had a trading volume of 2,422,347 shares. The firm’s 50-day moving average price is $1.65 and its 200-day moving average price is $5.79. Aimia has a 1-year low of $1.40 and a 1-year high of $9.49. The stock’s market cap is $297.00 million.
WARNING: This piece was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/2802708/national-bank-financial-trims-aimia-inc-aim-target-price-to-c1-50.html.
Aimia Inc, through its subsidiaries, operates as a data-driven marketing and loyalty analytics company worldwide. It operates through Americas Coalitions, International Coalitions, and Global Loyalty Solutions segments. The company owns and operates the Aeroplan Program, a coalition loyalty program in Canada, as well as non-platform based loyalty services business; the Nectar UK and Air Miles Middle East coalition loyalty programs; and Travel Club, a coalition loyalty program in Spain.
Receive News & Ratings for Aimia Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aimia Inc and related companies with MarketBeat.com's FREE daily email newsletter.