IBI Group (TSE:IBG) had its price target dropped by analysts at National Bank Financial from C$10.00 to C$9.00 in a report released on Monday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 25.00% from the stock’s previous close. National Bank Financial also issued estimates for IBI Group’s FY2018 earnings at $0.50 EPS and FY2019 earnings at $0.57 EPS.
Several other analysts have also commented on IBG. Laurentian Bank of Canada raised their target price on IBI Group from C$9.00 to C$9.50 in a report on Monday, November 13th. Raymond James Financial raised their target price on IBI Group from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a report on Monday, November 13th. Finally, Laurentian raised their target price on IBI Group from C$9.00 to C$9.50 in a report on Monday, November 13th.
Shares of IBI Group (TSE:IBG) opened at C$7.20 on Monday. The company has a market capitalization of $224.57, a PE ratio of 30.00 and a beta of -1.21. IBI Group has a 1-year low of C$6.02 and a 1-year high of C$9.00.
IBI Group Company Profile
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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