Raymond James reiterated their strong-buy rating on shares of IBI Group (TSE:IBG) in a report published on Monday, BayStreet.CA reports. Raymond James currently has a C$8.50 price target on the stock.
Separately, National Bank Financial raised their price objective on shares of IBI Group from C$7.50 to C$8.00 and gave the company an outperform rating in a research note on Monday, August 12th.
Shares of TSE:IBG traded down C$0.04 during trading hours on Monday, hitting C$5.85. The stock had a trading volume of 115,350 shares, compared to its average volume of 24,087. The stock’s fifty day simple moving average is C$4.97 and its 200 day simple moving average is C$5.05. IBI Group has a 1-year low of C$3.67 and a 1-year high of C$5.90. The firm has a market capitalization of $159.87 million and a price-to-earnings ratio of 12.21. The company has a debt-to-equity ratio of 437.20, a quick ratio of 2.18 and a current ratio of 2.34.
About IBI Group
IBI Group Inc provides various professional services in Canada, the United States, the United Kingdom, and internationally. Its professional services include design and planning, architecture, civil engineering, transportation engineering, traffic engineering, systems engineering, urban geography, real estate analysis, landscape architecture, communications engineering, software development, and other consulting services.
Featured Article: Treasury Bonds
Receive News & Ratings for IBI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBI Group and related companies with MarketBeat.com's FREE daily email newsletter.