Aimia (TSE:AIM) Receives “Buy” Rating from TD Securities

Aimia (TSE:AIM)‘s stock had its “buy” rating restated by equities research analysts at TD Securities in a note issued to investors on Monday, Stock Target Advisor reports. They presently have a C$4.00 price objective on the stock. TD Securities’ target price would suggest a potential upside of 49.81% from the stock’s previous close.

Aimia Stock Up 2.7 %

TSE:AIM traded up C$0.07 on Monday, reaching C$2.67. The stock had a trading volume of 17,100 shares, compared to its average volume of 29,304. The company has a market capitalization of C$256.79 million, a P/E ratio of -3.28, a price-to-earnings-growth ratio of -2.30 and a beta of 0.95. Aimia has a 1-year low of C$2.22 and a 1-year high of C$3.10. The stock has a fifty day moving average price of C$2.43 and a 200-day moving average price of C$2.54.

About Aimia

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams.