Scotiabank Raises IBI Group Inc (IBG) Price Target to C$6.50
IBI Group Inc (TSE:IBG) had its price objective increased by Scotiabank from C$6.00 to C$6.50 in a research report sent to investors on Friday morning. Scotiabank currently has a sector perform rating on the stock.
Several other analysts have also weighed in on IBG. National Bank Financial lifted their price objective on IBI Group from C$5.00 to C$6.00 in a report on Monday, July 11th. Canaccord Genuity lowered IBI Group from a buy rating to a hold rating and lifted their price objective for the stock from C$4.50 to C$5.00 in a report on Wednesday, June 15th. Finally, Raymond James Financial Inc. lifted their price objective on IBI Group from C$6.00 to C$7.00 in a report on Friday, August 12th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. IBI Group presently has a consensus rating of Buy and a consensus target price of C$5.75.
IBI Group (TSE:IBG) opened at 6.09 on Friday. IBI Group has a 52 week low of $1.81 and a 52 week high of $6.32. The company has a market cap of $152.04 million and a PE ratio of 34.80. The company’s 50-day moving average price is $5.85 and its 200 day moving average price is $4.81.
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.
Receive News & Ratings for IBI Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBI Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.