IBI Group Inc. (IBG) PT Lowered to C$9.00

IBI Group Inc. (TSE:IBG) had its target price decreased by analysts at National Bank Financial from C$10.00 to C$9.00 in a report issued on Monday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target points to a potential upside of 14.07% from the company’s current price. National Bank Financial also issued estimates for IBI Group’s FY2017 earnings at $0.49 EPS and FY2019 earnings at $0.59 EPS.

Separately, Laurentian lifted their price target on IBI Group from C$9.00 to C$9.50 in a research report on Monday.

IBI Group (TSE:IBG) opened at C$7.89 on Monday. IBI Group has a 52-week low of C$5.65 and a 52-week high of C$8.06.

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About IBI Group

IBI Group Inc is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure.

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