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A statement released earlier today by Scotia Capital about IBI Group (TSE:IBG) raises the target price to $6.50

Showing a price of $6.05, IBI Group (TSE:IBG) traded 0.17% lower on the day. With the last close up 27.64% from the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. IBG has registered a 50-day moving average of $5.74 and 200-day moving average of $4.73. Trade volume was was down over the average, with 20,175 shares of IBG changing hands under the typical 51,954 shares.

Stating a possible upside of 0.07%, Scotia Capital bumped the target stock price of IBI Group (TSE:IBG) to $7

Previously on Tuesday August 16 2016, Canaccord Genuity released a statement about IBI Group(TSE:IBG) raised the target price from $5.00 to $5.50. At the time, this suggested a downside of -0.08%.

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A total of 4 firms have issued a report on the stock. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the company a hold, 0 rate the stock to underperform, and finally 0 firmsrate the company as sell with a one year target stock price of $5.23

IBI Group has a PE of 35 with a one-year low of $1.81 and a 52 week high of $6.32 and has a market cap of $0.0.

Brief Synopsis About IBI Group (TSE:IBG)

IBI Group Inc. is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure. It offers professional services, such as planning, design, implementation, analysis of operations and other consulting services. It operates in a range of sectors, including urban design and planning, architecture, civil engineering, transportation engineering, traffic engineering, systems engineering, real estate analysis, landscape architecture, communications engineering and software development. Its customers include national, provincial, state and local government agencies, and public institutions, as well as companies in the real estate building, land and infrastructure development, and and transportation and communication industries.

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