Altus Group Upgraded by BMO Capital Markets to Outperform (AIF)
Altus Group (TSE:AIF) was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday, AnalystRatings.Net reports. The firm currently has a C$14.00 price target on the stock, up from their previous price target of C$10.00. BMO Capital Markets’ price objective would suggest a potential upside of 21.21% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cormark initiated coverage on shares of Altus Group (TSE:AIF) in a research note to investors on Tuesday. They set a “buy” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Altus Group (TSE:AIF) from C$11.00 to C$15.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Altus Group (TSE:AIF) from C$9.25 to C$10.50 in a research note to investors on Thursday, August 15th.
Altus Group (TSE:AIF) traded up 2.51% during mid-day trading on Friday, hitting $11.84. The stock had a trading volume of 556,926 shares. Altus Group has a 52 week low of $7.40 and a 52 week high of $11.75. The stock has a 50-day moving average of $10.26 and a 200-day moving average of $8.8.
Altus leads the global real estate industry in offering professional real estate advisory services, data solutions and intelligence about an organization’s assets, generating a wealth of knowledge and insight.
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