IBI Group Inc to Post FY2016 Earnings of $0.39 Per Share, National Bank Financial Forecasts (IBG)
IBI Group Inc (TSE:IBG) – National Bank Financial lifted their FY2016 EPS estimates for shares of IBI Group in a report issued on Thursday. National Bank Financial analyst M. Sytchev now expects that the firm will post earnings of $0.39 per share for the year, up from their prior estimate of $0.37.
IBG has been the subject of several other reports. Scotiabank lifted their target price on shares of IBI Group from C$5.00 to C$6.00 and gave the stock a “sector perform” rating in a report on Monday, August 15th. Canaccord Genuity cut shares of IBI Group from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$4.50 to C$5.00 in a report on Wednesday, June 15th. Finally, Raymond James Financial Inc. lifted their target price on shares of IBI Group from C$6.00 to C$7.00 in a report on Friday, August 12th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. IBI Group presently has a consensus rating of “Buy” and a consensus target price of C$5.75.
IBI Group (TSE:IBG) opened at 6.02 on Monday. The company has a 50-day moving average of $5.78 and a 200 day moving average of $4.75. The company has a market capitalization of $150.30 million and a P/E ratio of 34.40. IBI Group has a 12-month low of $1.81 and a 12-month high of $6.32.
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IBI Group Company Profile
IBI Group Inc is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure.
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