Aimia Inc (TSE:AIM) has been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$4.00.
AIM has been the subject of a number of recent analyst reports. TD Securities upgraded Aimia from a “hold” rating to a “speculative buy” rating and raised their price objective for the company from C$2.50 to C$5.00 in a research note on Friday, January 11th. BMO Capital Markets upgraded Aimia from an “underperform” rating to a “market perform” rating and set a C$4.25 price objective for the company in a research note on Thursday, November 15th. Finally, Raymond James restated an “outperform” rating and set a C$5.00 price objective on shares of Aimia in a research note on Wednesday, November 7th.
Shares of TSE:AIM traded down C$0.08 during mid-day trading on Wednesday, hitting C$3.74. 266,523 shares of the company traded hands, compared to its average volume of 268,688. The company has a market cap of $581.81 million and a P/E ratio of -3.20. Aimia has a 52-week low of C$1.49 and a 52-week high of C$4.60.
In other Aimia news, insider Mittleman Investment Managemen acquired 52,300 shares of the stock in a transaction on Monday, December 10th. The stock was purchased at an average price of C$3.33 per share, for a total transaction of C$174,159.00. In the last 90 days, insiders have acquired 760,900 shares of company stock valued at $2,173,576.
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.
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