Aimia Receives Consensus Recommendation of “Buy” from Brokerages (TSE:AIM)
Shares of Aimia (TSE:AIM) have earned an average recommendation of “Buy” from the nine analysts that are covering the company, Stock Ratings Network reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$21.16.
Aimia (TSE:AIM) opened at 18.37 on Wednesday. Aimia has a 52-week low of $15.67 and a 52-week high of $19.88. The stock has a 50-day moving average of $18.82 and a 200-day moving average of $18.58. The company’s market cap is $3.185 billion.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.92%.
A number of research firms have recently commented on AIM. Analysts at Raymond James raised their price target on shares of Aimia from C$22.00 to C$23.00 in a research note on Friday. Separately, analysts at TD Securities raised their price target on shares of Aimia from C$22.00 to C$23.00 in a research note on Thursday. They now have a “buy” rating on the stock. Finally, 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, August 12th. They now have a “sector perform” rating on the stock.
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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