Atrium Mortgage Investment (TSE:AI – Get Rating)‘s stock had its “buy” rating reissued by research analysts at Fundamental Research in a report issued on Tuesday, Marketbeat Ratings reports. They currently have a C$13.55 price objective on the stock, down from their previous price objective of C$13.90. Fundamental Research’s target price indicates a potential upside of 18.96% from the company’s current price.
The analysts wrote, “Fundamental Research Corp has issued a report entitled “Record-Breaking Q3/Robust Outlook for Q4” and dated November 16, 2022. The full report is now at www.researchfrc.com.”
Separately, TD Securities raised Atrium Mortgage Investment from a “hold” rating to a “buy” rating and upped their price target for the stock from C$13.50 to C$14.00 in a research note on Thursday, August 18th.
Atrium Mortgage Investment Stock Up 1.5 %
Atrium Mortgage Investment Company Profile
Atrium Mortgage Investment Corporation, a non-bank lender, provides financing solutions to the real estate communities in Ontario, Alberta, and British Columbia. It offers various types of mortgage loans for residential, multi-residential, and commercial real properties, which includes first and second mortgages; infill construction and financing; land and land assembly financing for stacked and traditional townhomes, single detached homes, and low-rise and midrise condominiums; and bridge and term financing.
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