Alithya Group (TSE:ALYA) Price Target Raised to C$3.50 at Cormark

Alithya Group (TSE:ALYA) had its target price lifted by Cormark from C$3.00 to C$3.50 in a research note issued to investors on Friday morning,BayStreet.CA reports.

ALYA has been the topic of a number of other reports. Barrington Research reduced their price objective on shares of Alithya Group from C$3.50 to C$2.50 in a research report on Thursday, April 24th. Scotiabank reduced their target price on shares of Alithya Group from C$2.80 to C$2.50 and set a “sector perform” rating on the stock in a research report on Tuesday, April 29th.

Alithya Group Stock Up 5.3%

Shares of TSE ALYA opened at C$2.19 on Friday. The firm’s 50-day moving average price is C$1.77 and its 200-day moving average price is C$1.76. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 68.27. The stock has a market capitalization of C$198.26 million, a price-to-earnings ratio of -63.17, a P/E/G ratio of 2.38 and a beta of 0.42. Alithya Group has a 12-month low of C$1.40 and a 12-month high of C$2.31.

Alithya Group Company Profile

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors.