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Aimia (TSE:AIM) has been given an average recommendation of “Buy” by the eleven brokerages that are currently covering the stock, AnalystRatings.NET reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$19.92.

Aimia (TSE:AIM) traded down 0.10% during mid-day trading on Friday, hitting $19.04. 85,104 shares of the company’s stock traded hands. Aimia has a one year low of $13.62 and a one year high of $19.88. The stock has a 50-day moving average of $17.78 and a 200-day moving average of $18.57.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.78%.

AIM has been the subject of a number of recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Aimia from C$18.50 to C$19.00 in a research note on Thursday. They now have a “market perform” rating on the stock. Separately, analysts at CSFB raised their price target on shares of Aimia from C$20.00 to C$22.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Aimia from an “outperform” rating to a “sector perform” rating in a research note on Thursday.

Aimia Inc is a Canada-based company engage in loyalty management, through its subsidiaries, operates in three regional business segments: Canada, the United States and Asia-Pacific (TSE:AIM) and Europe, Middle-East and Africa (EMEA).

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