TD Securities Lowers Aimia (TSE:AIM) Price Target to C$4.00

Aimia (TSE:AIM) had its price target lowered by research analysts at TD Securities from C$5.00 to C$4.00 in a research report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 56.25% from the company’s previous close.

Aimia Stock Performance

TSE:AIM opened at C$2.56 on Wednesday. The company has a current ratio of 2.68, a quick ratio of 83.33 and a debt-to-equity ratio of 22.76. The firm has a market capitalization of C$242.28 million, a price-to-earnings ratio of -1.42, a PEG ratio of -2.30 and a beta of 1.06. The firm’s fifty day simple moving average is C$3.08 and its 200 day simple moving average is C$3.10. Aimia has a twelve month low of C$2.50 and a twelve month high of C$3.83.

About Aimia

Aimia Inc focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals.