Aimia Inc (TSE:AIM) has been given an average recommendation of “Hold” by the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$4.00.
Several brokerages recently issued reports on AIM. Raymond James reiterated an “outperform” rating and issued a C$5.00 price target on shares of Aimia in a research note on Wednesday, November 7th. BMO Capital Markets upgraded shares of Aimia from an “underperform” rating to a “market perform” rating and set a C$4.25 price target for the company in a report on Thursday, November 15th. Finally, TD Securities upgraded Aimia from a “hold” rating to a “speculative buy” rating and increased their price objective for the company from C$2.50 to C$5.00 in a report on Friday.
In related news, insider Mittleman Investment Managemen purchased 449,200 shares of Aimia stock in a transaction that occurred on Friday, November 16th. The shares were bought at an average price of C$2.82 per share, for a total transaction of C$1,266,744.00. Insiders have purchased 760,900 shares of company stock worth $2,173,576 in the last quarter.
TSE AIM opened at C$3.85 on Friday. Aimia has a 52 week low of C$1.49 and a 52 week high of C$4.60.
Aimia (TSE:AIM) last posted its earnings results on Wednesday, November 14th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$372.70 million for the quarter. Sell-side analysts predict that Aimia will post 0.65 EPS for the current fiscal year.
Aimia Company Profile
Aimia Inc, through its subsidiaries, operates as a data-driven marketing and loyalty analytics company worldwide. It operates through Coalitions, and Insights & Loyalty Solutions segments. The company owns and operates the Aeroplan Program, a coalition loyalty program in Canada, as well as non-platform based loyalty services business.
Receive News & Ratings for Aimia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aimia and related companies with MarketBeat.com's FREE daily email newsletter.