Atrium Mortgage Investment Corp’s (AI) Hold Rating Reaffirmed at TD Securities
Atrium Mortgage Investment Corp (TSE:AI)‘s stock had its “hold” rating reaffirmed by equities researchers at TD Securities in a report issued on Wednesday. They currently have a C$12.50 target price on the stock. TD Securities’ price objective indicates a potential upside of 1.96% from the stock’s current price.
Separately, Fundamental Research restated a “top pick” rating and set a C$13.07 price target on shares of Atrium Mortgage Investment Corp in a research note on Wednesday, August 2nd.
Shares of Atrium Mortgage Investment Corp (AI) traded up 0.57% during midday trading on Wednesday, reaching $12.26. 36,324 shares of the company traded hands. The company has a market capitalization of $370.37 million and a PE ratio of 12.77. Atrium Mortgage Investment Corp has a 1-year low of $11.20 and a 1-year high of $12.50. The company has a 50 day moving average price of $12.09 and a 200 day moving average price of $12.10.
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Atrium Mortgage Investment Corp Company Profile
Atrium Mortgage Investment Corporation is a non-bank lender. The Company provides residential and commercial mortgages that lends in urban centers in Canada. Its mortgages are secured by all types of residential, multi-residential and commercial real property located in Canada. Its investment objectives are to preserve its shareholders equity and provide its shareholders with stable and secure dividends from its investments in mortgage loans.
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