Atrium Mortgage Investment (TSE:AI) PT Set at C$13.50 by Canaccord Genuity Group

Atrium Mortgage Investment (TSE:AI) received a C$13.50 target price from research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 11.20% from the company’s current price.

Separately, Fundamental Research set a C$13.12 target price on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus target price of C$13.31.

Atrium Mortgage Investment Stock Up 2.3%

Shares of Atrium Mortgage Investment stock opened at C$12.14 on Friday. The company has a debt-to-equity ratio of 67.69, a quick ratio of 102.54 and a current ratio of 3.15. Atrium Mortgage Investment has a 52-week low of C$10.61 and a 52-week high of C$12.25. The stock has a market capitalization of C$584.30 million, a PE ratio of 11.79 and a beta of 0.69. The company has a 50-day simple moving average of C$11.73 and a two-hundred day simple moving average of C$11.58.

About Atrium Mortgage Investment

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. The company generates its revenue from mortgage interest and fees.