IBI Group Inc’s Stock Is Sell After Today’s Huge Decline

 IBI Group Inc's Stock Is Sell After Today's Huge Decline

The stock of IBI Group Inc (TSE:IBG) is a huge mover today! About 121,759 shares traded hands or 30.66% up from the average. IBI Group Inc (TSE:IBG) has risen 63.64% since March 29, 2016 and is uptrending. It has outperformed by 61.11% the S&P500.
The move comes after 7 months negative chart setup for the $155.46M company. It was reported on Nov, 2 by Barchart.com. We have $5.41 PT which if reached, will make TSE:IBG worth $18.66 million less.

IBI Group Inc (TSE:IBG) Ratings Coverage

Out of 2 analysts covering IBI Group (TSE:IBG), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $7 is the highest target while $2.50 is the lowest. The $6.17 average target is 0.33% above today’s ($6.15) stock price. IBI Group has been the topic of 6 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The stock of IBI Group Inc (TSE:IBG) earned “Outperform” rating by Raymond James on Tuesday, November 17. The stock of IBI Group Inc (TSE:IBG) earned “Hold” rating by Canaccord Genuity on Wednesday, June 15.

More news for IBI Group Inc (TSE:IBG) were recently published by: Prnewswire.com, which released: “IBI Group Inc. announces rights offering” on November 10, 2015. Reuters.com‘s article titled: “BRIEF-IBI Group announces $35 million bought deal financing” and published on August 25, 2016 is yet another important article.

IBI Group Inc. is an architecture, planning, engineering and technology company. The company has a market cap of $155.46 million. The Firm provides a range of professional services focused on the physical development of cities. It has a 18.48 P/E ratio. It operates through the consulting services segment.

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