Aimia (TSE:AIM) Rating Lowered to Hold at TD Securities

Aimia (TSE:AIM) was downgraded by equities researchers at TD Securities from a “buy” rating to a “hold” rating in a research note issued on Tuesday, MarketBeat reports. They currently have a C$3.00 target price on the stock, down from their prior target price of C$3.75. TD Securities’ target price indicates a potential downside of 4.76% from the company’s current price.

Aimia Price Performance

AIM opened at C$3.15 on Tuesday. Aimia has a 12-month low of C$2.27 and a 12-month high of C$3.44. The stock has a market capitalization of C$281.50 million, a PE ratio of -315.00, a P/E/G ratio of -2.30 and a beta of -0.07. The firm’s fifty day moving average price is C$2.88 and its 200 day moving average price is C$2.98.

Aimia Company Profile

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.