Aimia Inc (AIM) Given Average Recommendation of “Hold” by Brokerages

Aimia Inc (TSE:AIM) has earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$3.42.

Several equities research analysts have commented on the stock. Industrial Alliance Securities reaffirmed a “speculative buy” rating and issued a C$3.25 price target on shares of Aimia in a report on Thursday, July 26th. Royal Bank of Canada increased their target price on shares of Aimia from C$2.00 to C$5.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 26th. National Bank Financial increased their target price on shares of Aimia from C$3.50 to C$4.30 and gave the stock an “outperform” rating in a research note on Thursday, July 26th. Raymond James increased their target price on shares of Aimia from C$4.00 to C$5.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 1st. Finally, TD Securities increased their target price on shares of Aimia from C$2.25 to C$2.50 and gave the stock a “c$2.59” rating in a research note on Monday, July 23rd.

In other news, Director Robert Ellis Brown bought 32,000 shares of the stock in a transaction dated Wednesday, August 8th. The shares were acquired at an average cost of C$3.72 per share, with a total value of C$119,040.00. Also, insider Mittleman Investment Managemen sold 17,100 shares of the stock in a transaction dated Wednesday, July 25th. The stock was sold at an average price of C$2.68, for a total transaction of C$45,828.00. Over the last three months, insiders have bought 340,910 shares of company stock worth $869,209 and have sold 36,825 shares worth $82,742.



TSE:AIM traded down C$0.06 during mid-day trading on Wednesday, hitting C$3.70. The company’s stock had a trading volume of 649,796 shares, compared to its average volume of 960,060. Aimia has a 1 year low of C$1.49 and a 1 year high of C$4.33.

About Aimia

Aimia Inc, through its subsidiaries, operates as a data-driven marketing and loyalty analytics company worldwide. It operates through Coalitions, and Insights & Loyalty Solutions segments. The company owns and operates the Aeroplan Program, a coalition loyalty program in Canada, as well as non-platform based loyalty services business.

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Analyst Recommendations for Aimia (TSE:AIM)

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