AIF has been the subject of several other reports. CIBC raised their target price on shares of Altus Group from C$20.00 to C$24.25 in a report on Friday, August 12th. TD Securities began coverage on shares of Altus Group in a report on Friday, July 15th. They issued a buy rating and a C$28.00 target price for the company. BMO Capital Markets raised their target price on shares of Altus Group from C$24.00 to C$27.00 and gave the stock an outperform rating in a report on Friday, August 12th. Finally, Canaccord Genuity raised their target price on shares of Altus Group from C$28.00 to C$30.00 and gave the stock a buy rating in a report on Friday, August 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Altus Group currently has a consensus rating of Buy and a consensus price target of C$26.45.
Shares of Altus Group (TSE:AIF) traded down 0.41% on Monday, hitting $29.31. 33,864 shares of the stock traded hands. The stock has a 50-day moving average price of $27.53 and a 200 day moving average price of $23.23. The stock has a market cap of $1.08 billion and a price-to-earnings ratio of 64.99. Altus Group has a 12-month low of $16.90 and a 12-month high of $29.61.
In other news, insider Jim Derbyshire sold 10,900 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of C$29.10, for a total value of C$317,190.00.
Altus Group Company Profile
Altus Group Limited is a Canada-based provider of independent advisory services, software and data solutions to the commercial real estate industry. The Company’s five core practices include: Research, Valuation and Advisory (RVA), ARGUS Software (AS), Property Tax Consulting (PTC), Cost Consulting and Project Management (CCPM) and Geomatics.
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