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Fundamental Research Reiterates C$12.98 Price Target for Atrium Mortgage Investment (TSE:AI)

Atrium Mortgage Investment logo with Financial Services background

Key Points

  • Fundamental Research has set a target price of C$12.98 for Atrium Mortgage Investment, indicating a potential upside of 10.66% from its previous closing price.
  • Atrium Mortgage Investment's stock has a market capitalization of C$556.34 million and has traded between a 12-month low of C$9.97 and a high of C$12.00.
  • The company specializes in providing residential and commercial mortgages in major Canadian urban centers, aiming to offer stable dividends and preserve shareholder equity.
  • Looking to export and analyze Atrium Mortgage Investment data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Atrium Mortgage Investment (TSE:AI - Get Free Report) has been assigned a C$12.98 target price by investment analysts at Fundamental Research in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Fundamental Research's target price indicates a potential upside of 10.66% from the company's previous close.

Atrium Mortgage Investment Stock Performance

Atrium Mortgage Investment stock traded up C$0.07 during mid-day trading on Monday, reaching C$11.73. The company's stock had a trading volume of 124,466 shares, compared to its average volume of 91,668. The company has a market capitalization of C$556.34 million, a price-to-earnings ratio of 11.13 and a beta of 1.21. Atrium Mortgage Investment has a 12 month low of C$9.97 and a 12 month high of C$12.00. The business's 50 day simple moving average is C$11.51 and its 200 day simple moving average is C$11.05.

About Atrium Mortgage Investment

(Get Free Report)

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.

Further Reading

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