Could Aimia Inc Decline After Today’s Huge Increase?

 Could Aimia Inc Decline After Today's Huge Increase?

The stock of Aimia Inc (TSE:AIM) is a huge mover today! About 695,922 shares traded hands or 280.90% up from the average. Aimia Inc (TSE:AIM) has declined 17.36% since March 30, 2016 and is downtrending. It has underperformed by 18.57% the S&P500.
The move comes after 5 months positive chart setup for the $1.10 billion company. It was reported on Nov, 3 by Barchart.com. We have $11.00 PT which if reached, will make TSE:AIM worth $572.00 million more.

Aimia Inc (TSE:AIM) Ratings Coverage

Out of 6 analysts covering Aimia (TSE:AIM), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. $15 is the highest target while $9 is the lowest. The $9.67 average target is 33.56% above today’s ($7.24) stock price. Aimia has been the topic of 13 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by TD Securities on Wednesday, November 2 with “Hold”.

More notable recent Aimia Inc (TSE:AIM) news were published by: Businesswire.com which released: “Sigma Group Acquires Aimia Inc. Enhancement Services Business Unit” on August 16, 2016, also Business.Financialpost.com with their article: “Aeroplan operator Aimia Inc expects to lay off more than 200 employees by end …” published on November 13, 2015, Business.Financialpost.com published: “Aeroplan operator Aimia Inc takes a hit from slowing Canadian economy …” on August 14, 2015. More interesting news about Aimia Inc (TSE:AIM) were released by: Stockhouse.com and their article: “/C O R R E C T I O N from Source — Aimia Inc./” published on October 25, 2016 as well as Forbes.com‘s news article titled: “Aimia (AIM) Shares Cross 10% Yield Mark” with publication date: October 07, 2016.

Aimia Inc. is a Canada-based data-driven marketing and loyalty analytics company. The company has a market cap of $1.10 billion. The Company, through its subsidiaries, operates in the regional business divisions of Canada; the United States and Asia-Pacific , and Europe, the Middle-East and Africa (EMEA). It currently has negative earnings. In Canada, it owns and operates the Aeroplan Program, a coalition loyalty program.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment