Raymond James Sticks to Their Buy Rating for IBI Group Inc. (IBG)


Today, an analyst has provided a rating update for IBI Group Inc. (IBG). The company received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$7.50 price target.

Bastien has an average return of 20.7% when recommending IBI Group Inc..

According to TipRanks.com, Bastien is ranked #2984 out of 5192 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IBI Group Inc. with a C$7.50 average price target.

IBI Group Inc.’s market cap is currently C$158.9M and has a P/E ratio of 9.4. The company has a Price to Book ratio of 5.23.

IBI Group, Inc. engages in the provision of integrated professional goods and services related to architecture, planning, engineering, and technology. Its products include BlueIQ, traveller information system, smart city platform, and BedPod. The company was founded on June 30, 2010 and is headquartered in Toronto, Canada.

The company’s shares closed on Monday at C$5.16.

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