Aimia Inc.: Strong Growth and Attractive Valuation Signal Buy Opportunity

TD Securities analyst Brian Morrison maintained a Buy rating on Aimia Inc. (AIM – Research Report) yesterday and set a price target of C$4.00.

Brian Morrison has given his Buy rating due to a combination of factors that highlight Aimia Inc.’s promising outlook. The company has shown a significant 17% growth in EBITDA, driven largely by its robust performance in the majority of its business segments. This growth is further bolstered by the strong contribution from the Home Health Care sector, which continues to be a key driver for the company’s expansion.
Additionally, the stock has appreciated by approximately 14% following a substantial earnings per share beat and a record backlog, indicating strong future prospects. Despite these gains, the valuation of Aimia Inc. remains attractive, suggesting further upside potential. The emergence of district scale opportunities could also prove transformational for the company, enhancing its long-term growth trajectory.

AIM’s price has also changed slightly for the past six months – from C$2.630 to C$2.710, which is a 3.04% increase.