IBI Group (IBG) Sets New 1-Year High at $8.57

IBI Group Inc (TSE:IBG) reached a new 52-week high during trading on Monday . The stock traded as high as C$8.57 and last traded at C$8.29, with a volume of 25011 shares changing hands. The stock had previously closed at C$8.10.

Several equities research analysts have commented on the stock. Raymond James Financial upped their price objective on shares of IBI Group from C$6.50 to C$7.50 and gave the company a “market perform” rating in a report on Monday, November 13th. Laurentian Bank of Canada upped their price objective on shares of IBI Group from C$9.00 to C$9.50 in a report on Monday, November 13th. Laurentian upped their price objective on shares of IBI Group from C$9.00 to C$9.50 in a report on Monday, November 13th. Finally, National Bank Financial dropped their price objective on shares of IBI Group from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a report on Monday, November 13th.

The stock has a market cap of $271.67, a PE ratio of 20.83 and a beta of -1.47.

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IBI Group Company Profile

IBI Group Inc provides various professional services in Canada, the United States, and internationally. Its professional services include planning, design, implementation, analysis of operations, and other consulting services related to intelligence, buildings, and infrastructure areas. The company offers civic and government, healthcare, higher education, hospitality, justice and protective, K-12 education, mixed-use, residential, retail and commercial, senior communities, stadium and special event, and landscape architectural services.

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