Aimia (TSE:AIM) Downgraded to “Hold” Rating by TD Securities

TD Securities cut shares of Aimia (TSE:AIM) from a buy rating to a hold rating in a report issued on Tuesday morning,BayStreet.CA reports. The brokerage currently has C$3.00 price target on the stock, down from their previous price target of C$3.75.

Aimia Stock Performance

Aimia stock opened at C$3.09 on Tuesday. The firm has a 50 day moving average price of C$2.87 and a two-hundred day moving average price of C$2.97. Aimia has a 52-week low of C$2.27 and a 52-week high of C$3.44. The firm has a market cap of C$276.13 million, a price-to-earnings ratio of -309.00, a PEG ratio of -2.30 and a beta of -0.07.

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.