Atrium Mortgage Investment (TSE:AI) PT Set at C$12.78 by Fundamental Research

Atrium Mortgage Investment (TSE:AI) received a C$12.78 price target from equities research analysts at Fundamental Research in a research note issued on Tuesday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 21.02% from the company’s previous close.

Atrium Mortgage Investment Price Performance

Shares of AI stock opened at C$10.56 on Tuesday. The stock has a market cap of C$500.84 million, a P/E ratio of 10.02 and a beta of 1.21. The company has a fifty day moving average price of C$10.81 and a two-hundred day moving average price of C$11.15. Atrium Mortgage Investment has a one year low of C$10.31 and a one year high of C$12.00.

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.