IBI Group Inc (TSE:IBG) – Research analysts at Desjardins increased their FY2020 earnings per share (EPS) estimates for IBI Group in a research report issued on Sunday, August 9th. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $0.52 for the year, up from their prior forecast of $0.47. Desjardins has a “Buy” rating on the stock.

Several other equities research analysts also recently issued reports on the company. Raymond James boosted their price objective on IBI Group from C$7.50 to C$8.50 and gave the company an “outperform” rating in a report on Tuesday. National Bank Financial upped their price target on IBI Group from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a report on Monday. Finally, TD Securities upped their price target on IBI Group from C$6.00 to C$8.50 and gave the stock a “buy” rating in a report on Tuesday.

IBG stock opened at C$6.59 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 1.86 and a debt-to-equity ratio of 242.55. The company has a market capitalization of $177.44 million and a PE ratio of 10.80. IBI Group has a 12-month low of C$2.79 and a 12-month high of C$6.75. The business’s fifty day moving average price is C$5.22 and its 200 day moving average price is C$4.68.

IBI Group Company Profile

IBI Group Inc provides various professional services in Canada, the United States, the United Kingdom, and internationally. Its professional services include design and planning, architecture, civil engineering, transportation engineering, traffic engineering, systems engineering, urban geography, real estate analysis, landscape architecture, communications engineering, software development, and other consulting services.

Further Reading: Market Capitalization and Individual Investors

Earnings History and Estimates for IBI Group (TSE:IBG)

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