IBI Group Inc. (IBG) Given New C$9.00 Price Target at National Bank Financial

IBI Group Inc. (TSE:IBG) had its target price decreased by National Bank Financial from C$10.00 to C$9.00 in a research report released on Monday morning. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for IBI Group’s FY2017 earnings at $0.49 EPS and FY2019 earnings at $0.59 EPS.

Separately, Laurentian raised their price objective on IBI Group from C$9.00 to C$9.50 in a research report on Monday.

IBI Group (TSE:IBG) traded up C$0.12 during trading on Monday, hitting C$7.89. The stock had a trading volume of 11,500 shares, compared to its average volume of 34,970. IBI Group has a 52-week low of C$5.65 and a 52-week 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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