Fundamental Research Analysts Give Atrium Mortgage Investment (TSE:AI) a C$12.98 Price Target

Fundamental Research set a C$12.98 target price on Atrium Mortgage Investment (TSE:AI) in a research note released on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Atrium Mortgage Investment Trading Down 0.2%

Shares of TSE AI opened at C$11.70 on Monday. The stock has a market cap of C$554.91 million, a price-to-earnings ratio of 11.11 and a beta of 1.21. Atrium Mortgage Investment has a 1-year low of C$9.97 and a 1-year high of C$12.00. The stock’s 50-day moving average is C$11.53 and its 200 day moving average is C$11.06.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters.