Royal Bank of Canada Trims Aimia (AIM) Target Price to C$2.00

Aimia (TSE:AIM) had its price objective cut by research analysts at Royal Bank of Canada from C$3.00 to C$2.00 in a report released on Friday. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 7.53% from the stock’s previous close.

Other analysts have also issued research reports about the company. CIBC increased their target price on Aimia from C$2.50 to C$2.75 in a report on Monday, November 13th. TD Securities increased their target price on Aimia from C$2.50 to C$3.00 and gave the company a “hold” rating in a report on Thursday, November 9th. Finally, Raymond James Financial reduced their target price on Aimia from C$6.00 to C$5.00 and set an “outperform” rating for the company in a report on Friday, February 2nd. Four analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Aimia has an average rating of “Hold” and an average target price of C$3.09.

Shares of Aimia (TSE:AIM) opened at C$1.86 on Friday. The stock has a market capitalization of $283.29, a price-to-earnings ratio of -1.94 and a beta of 0.69. Aimia has a 1-year low of C$1.40 and a 1-year high of C$9.49.

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About Aimia

Aimia Inc is a data-driven marketing and loyalty analytics company. The Company’s segments include Americas Coalitions, International Coalitions, Global Loyalty Solutions (GLS), and Corporate and Other. Within the Americas Coalitions segment, the Company owns and operates the Aeroplan Program, which is Canada’s coalition loyalty program, and its Canadian non-platform based loyalty services business.

Analyst Recommendations for Aimia (TSE:AIM)

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