The Globe and Mail reports in its Friday, Nov. 7, edition that RBC Capital Markets analyst Paul Treiber is sticking with his "sector perform" call on Information Services. The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber gave his share target a $3 boost to $35. Analysts on average target the shares at $35.85. Mr. Treiber says in a note: "Information Services delivered Q3 adjusted EBITDA above RBC/consensus estimates, primarily due to strength in the Saskatchewan real estate market, which lifted registry operations revenue. In comparison, services were soft, due to headwinds in the Ontario market. Information Services reiterated FY25 guidance, but sees revenue at the lower end and adjusted EBITDA at the higher end due to mix. Information Services' strategic review remains ongoing." The Globe reported on March 20 that RBC Capital Markets analyst Paul Treiber had reiterated his "sector perform" call for Information Services. It was then worth $25.11. The Globe reported on June 6 that Mr. Treiber had reaffirmed his "sector perform" recommendation for Information Services. The shares were then worth $30.38.
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