Aimia Given Average Recommendation of “Buy” by Analysts (TSE:AIM)
Shares of Aimia (TSE:AIM) have received a consensus rating of “Buy” from the nine ratings firms that are covering the company, AmericanBankingNews.com reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$20.66.
AIM has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Aimia from C$19.00 to C$20.00 in a research note on Tuesday. They now have a “sector perform” rating on the stock. Separately, 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, May 15th. They now have a “market perform” rating on the stock. Finally, 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, May 15th. They now have an “outperform” rating on the stock.
Aimia (TSE:AIM) remained flat at $19.55 during trading on Wednesday. The stock had a trading volume of 102,059 shares. Aimia has a 52-week low of $15.52 and a 52-week high of $19.88. The stock’s 50-day moving average is $18.82 and its 200-day moving average is $18.5. The company’s market cap is $3.389 billion.
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).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.