The stock of IBI Group Inc (TSE:IBG) is a huge mover today! About 25,201 shares traded hands. IBI Group Inc (TSE:IBG) has risen 61.34% since April 8, 2016 and is uptrending. It has outperformed by 56.36% the S&P500.
The move comes after 7 months positive chart setup for the $160.83 million company. It was reported on Nov, 14 by Barchart.com. We have $17.80 PT which if reached, will make TSE:IBG worth $287.89 million more.
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 -3.29% below today’s ($6.38) stock price. IBI Group has been the topic of 6 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, November 17 by Raymond James. The rating was downgraded by Canaccord Genuity to “Hold” on Wednesday, June 15.
Another recent and important IBI Group Inc (TSE:IBG) news was published by Reuters.com which published an article titled: “BRIEF-IBI Group announces $35 million bought deal financing” on August 25, 2016.
IBI Group Inc. is an architecture, planning, engineering and technology company. The company has a market cap of $160.83 million. The Firm provides a range of professional services focused on the physical development of cities. It has a 19.18 P/E ratio. It operates through the consulting services segment.
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