Desjardins Boosts Alithya Group (TSE:ALYA) Price Target to C$3.50

Alithya Group (TSE:ALYA) had its price objective raised by Desjardins from C$3.00 to C$3.50 in a report published on Friday morning, BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

A number of other equities research analysts also recently commented on ALYA. National Bankshares lifted their target price on Alithya Group from C$2.00 to C$2.50 and gave the stock a sector perform rating in a report on Friday. Cormark lifted their target price on Alithya Group from C$2.75 to C$3.50 in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of C$3.14.

Alithya Group Trading Down 2.2 %

Alithya Group stock opened at C$2.21 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.16 and a debt-to-equity ratio of 78.64. Alithya Group has a 52 week low of C$1.34 and a 52 week high of C$2.77. The company has a market capitalization of C$195.05 million, a price-to-earnings ratio of -5.39, a price-to-earnings-growth ratio of 2.38 and a beta of 0.52. The stock has a 50-day moving average price of C$2.11 and a 200 day moving average price of C$1.92.

Alithya Group Company Profile

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company's business strategy services include strategic consulting, digital transformation, organizational performance, and enterprise architecture services. It also provides application services, such as digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance, and automated testing; enterprise solutions comprising enterprise resource planning, corporate performance management, customer relationship management, and human capital management; and data and analytics solutions, including business intelligence, data management, artificial intelligence (AI), and machine learning, as well as internet of things.