Atrium Mortgage Investment (TSE:AI) Given a C$12.98 Price Target at Fundamental Research

Fundamental Research set a C$12.98 price target on Atrium Mortgage Investment (TSE:AI) in a research note released on Monday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Atrium Mortgage Investment Stock Up 0.3%

AI opened at C$11.70 on Monday. Atrium Mortgage Investment has a twelve month low of C$9.97 and a twelve month high of C$12.00. The company’s 50-day moving average price is C$11.51 and its two-hundred day moving average price is C$11.05. The stock has a market cap of C$554.91 million, a price-to-earnings ratio of 11.11 and a beta of 1.21.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters.