Aimia (TSE:AIM) was downgraded by equities researchers at TD Securities from a “speculative buy” rating to a “hold” rating in a report released on Wednesday, BayStreet.CA reports. They presently have a C$5.00 target price on the stock. TD Securities’ price target points to a potential upside of 17.65% from the stock’s current price.
A number of other research analysts also recently commented on the company. Raymond James reissued an “outperform” rating and issued a C$5.00 price target on shares of Aimia in a report on Thursday, March 21st. Industrial Alliance Securities raised Aimia from a “speculative buy” rating to a “buy” rating and increased their price target for the company from C$5.00 to C$5.50 in a report on Friday, March 29th. Finally, BMO Capital Markets increased their price target on Aimia from C$4.25 to C$4.50 in a report on Friday, March 29th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of C$4.88.
Shares of TSE AIM opened at C$4.25 on Wednesday. Aimia has a 1-year low of C$2.01 and a 1-year high of C$4.60. The stock has a market capitalization of $633.60 million and a PE ratio of -7.23.
Aimia Company Profile
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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