IBI Group Inc. (IBG) Price Target Increased to C$9.50 by Analysts at Laurentian Bank of Canada

IBI Group Inc. (TSE:IBG) had its price target raised by Laurentian Bank of Canada from C$9.00 to C$9.50 in a research note published on Monday morning.

Several other equities research analysts also recently weighed in on the stock. Raymond James Financial, Inc. increased their target price on shares of IBI Group from C$6.50 to C$7.50 and gave the stock a market perform rating in a research note on Monday. National Bank Financial decreased their target price on shares of IBI Group from C$10.00 to C$9.00 and set an outperform rating for the company in a research note on Monday. Finally, Laurentian increased their target price on shares of IBI Group from C$9.00 to C$9.50 in a research note on Monday.

Shares of IBI Group (TSE:IBG) traded up C$0.12 during mid-day trading on Monday, hitting C$7.89. The company’s stock had a trading volume of 11,500 shares, compared to its average volume of 34,970. IBI Group has a 12 month low of C$5.65 and a 12 month high of C$8.06.

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About IBI Group

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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