Aimia (TSE:AIM) Cut to “Hold” at TD Securities

TD Securities downgraded shares of Aimia (TSE:AIM) from a buy rating to a hold rating in a research note released on Tuesday, Marketbeat.com reports. TD Securities currently has C$3.00 price target on the stock, down from their prior price target of C$3.75.

Aimia Stock Performance

Shares of AIM stock opened at C$3.04 on Tuesday. Aimia has a fifty-two week low of C$2.27 and a fifty-two week high of C$3.44. The firm has a market capitalization of C$271.67 million, a price-to-earnings ratio of -304.00, a PEG ratio of -2.30 and a beta of -0.07. The stock’s 50-day simple moving average is C$2.88 and its 200-day simple moving average is C$2.98.

About Aimia

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.