Atrium Mortgage Investment (TSE:AI) Given a C$13.01 Price Target at Fundamental Research

Atrium Mortgage Investment (TSE:AIGet Free Report) has been assigned a C$13.01 target price by research analysts at Fundamental Research in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price target points to a potential upside of 9.79% from the stock’s previous close.

Separately, Canaccord Genuity Group set a C$13.50 target price on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Strong Buy” and an average target price of C$13.26.

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Atrium Mortgage Investment Trading Up 0.2%

AI stock traded up C$0.02 during trading on Friday, reaching C$11.85. 74,159 shares of the stock were exchanged, compared to its average volume of 127,478. The company has a current ratio of 3.31, a quick ratio of 102.54 and a debt-to-equity ratio of 63.47. The business has a 50 day moving average price of C$11.78 and a 200-day moving average price of C$11.65. Atrium Mortgage Investment has a 1 year low of C$10.94 and a 1 year high of C$12.36. The firm has a market capitalization of C$571.02 million, a price-to-earnings ratio of 11.50 and a beta of 0.75.

Atrium Mortgage Investment Company Profile

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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.

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