Atrium Mortgage Investment (TSE:AI) Given a C$12.98 Price Target by Fundamental Research Analysts

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.

Fundamental Research set a C$12.98 target price on Atrium Mortgage Investment (TSE:AI - Free Report) in a report released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Atrium Mortgage Investment Stock Down 0.1%

Atrium Mortgage Investment stock traded down C$0.01 during mid-day trading on Monday, hitting C$11.70. 204,509 shares of the company's stock were exchanged, compared to its average volume of 92,915. Atrium Mortgage Investment has a fifty-two week low of C$9.97 and a fifty-two week high of C$12.00. The firm has a market capitalization of C$554.91 million, a P/E ratio of 11.11 and a beta of 1.21. The company's 50 day simple moving average is C$11.55 and its 200-day simple moving average is C$11.08.

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.