Aimia (TSE:AIM) PT Raised to C$4.50 at Jefferies Financial Group

Aimia (TSE:AIM) had its price objective hoisted by analysts at Jefferies Financial Group from C$3.25 to C$4.50 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 75.78% from the company’s previous close.

Separately, TD Securities dropped their price target on Aimia from C$5.00 to C$4.00 and set a “buy” rating on the stock in a research note on Wednesday.

Aimia Stock Down 1.9 %

AIM opened at C$2.56 on Wednesday. Aimia has a 1-year low of C$2.50 and a 1-year high of C$3.83. The stock’s fifty day simple moving average is C$3.08 and its 200 day simple moving average is C$3.10. The company has a current ratio of 2.68, a quick ratio of 83.33 and a debt-to-equity ratio of 22.76. The stock has a market cap of C$242.28 million, a PE ratio of -1.42, a price-to-earnings-growth ratio of -2.30 and a beta of 1.06.

Aimia Company Profile

Aimia Inc focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals.