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Scotia Capital disclosed IBI Group (TSE:IBG), stepping up its target to $6.50 earlier today

Scotia Capital upped the price target of IBI Group (TSE:IBG) to $6.50 stating a potential upside of 0.08%.

Having a price of $6.01, IBI Group (TSE:IBG) traded 0.00% even on the day. The last stock close price is up 8.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $6.12 and a 200-day moving average of $5.55. 22,901 shares of the stock were exchanged, down from an average trading volume of 79,938

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IBI Group (TSE:IBG)

IBI Group has 52 week low of $1.90 and a 52 week high of $6.73 and has a market capitalization of $0.

In addition to Scotia Capital reporting its stock price target, a total of 5 brokerages have issued a ratings update on the company. The average stock price target is $5.29 with 0 brokerages rating the stock a strong buy, 3 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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 transportation and communication industries.

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