Jefferies Financial Group Analysts Give Aimia (TSE:AIM) a C$3.75 Price Target

Jefferies Financial Group set a C$3.75 target price on Aimia (TSE:AIM) in a report released on Wednesday morning, Marketbeat reports. The brokerage currently has a buy rating on the stock.

Aimia Price Performance

Shares of TSE:AIM opened at C$2.75 on Wednesday. The company’s fifty day moving average is C$2.73 and its two-hundred day moving average is C$2.81. The company has a quick ratio of 83.33, a current ratio of 1.96 and a debt-to-equity ratio of 47.02. Aimia has a 12-month low of C$2.48 and a 12-month high of C$3.44. The company has a market cap of C$243.10 million, a P/E ratio of -18.33, a price-to-earnings-growth ratio of -2.30 and a beta of 0.17.

Aimia (TSE:AIM) last released its earnings results on Tuesday, August 11th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$36.40 million during the quarter. Aimia had a negative return on equity of 3.98% and a negative net margin of 3.17%. Equities analysts expect that Aimia will post 0.0149339 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aimia news, Director Thomas (Tom) Little acquired 56,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was purchased at an average cost of C$2.72 per share, for a total transaction of C$152,320.00. Following the transaction, the director owned 506,772 shares of the company’s stock, valued at C$1,378,419.84. The trade was a 12.42% increase in their position. Also, Director Rhys Drennan Summerton bought 10,000 shares of the stock in a transaction on Tuesday, July 14th. The shares were acquired at an average cost of C$2.82 per share, for a total transaction of C$28,200.00. Following the purchase, the director owned 556,300 shares in the company, valued at approximately C$1,568,766. This represents a 1.83% increase in their ownership of the stock. In the last ninety days, insiders acquired 185,272 shares of company stock valued at $508,618. Corporate insiders own 3.34% of the company’s stock.

Aimia Company Profile

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.