Alithya Group Inc. (TSE:ALYA – Get Free Report)’s stock price fell 3.2% during mid-day trading on Friday . The company traded as low as C$1.20 and last traded at C$1.22. 53,496 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 56,623 shares. The stock had previously closed at C$1.26.
Analyst Upgrades and Downgrades
Separately, Scotiabank downgraded Alithya Group from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$2.00 to C$1.50 in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$2.67.
View Our Latest Report on Alithya Group
Alithya Group Price Performance
About Alithya Group
Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of revenue from Canada.
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