IBI Group (IBG) Price Target Cut to C$9.00 by Analysts at National Bank Financial
IBI Group (TSE:IBG) had its target price decreased by National Bank Financial from C$10.00 to C$9.00 in a research report sent to investors on Monday morning. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for IBI Group’s FY2018 earnings at $0.50 EPS and FY2019 earnings at $0.57 EPS.
Other analysts have also issued research reports about the stock. Laurentian Bank of Canada raised their target price on shares of IBI Group from C$9.00 to C$9.50 in a research report on Monday, November 13th. Laurentian raised their target price on shares of IBI Group from C$9.00 to C$9.50 in a research report on Monday, November 13th. Finally, Raymond James Financial raised their target price on shares of IBI Group from C$6.50 to C$7.50 and gave the company a market perform rating in a research report on Monday, November 13th.
Shares of IBI Group (IBG) opened at C$7.17 on Monday. IBI Group has a 52-week low of C$6.02 and a 52-week high of C$9.00. The firm has a market cap of $223.63, a P/E ratio of 29.88 and a beta of -1.21.
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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