Altus Group (AIF) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Altus Group (TSE:AIF) posted its quarterly earnings results on Friday. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.06, Stock Ratings Network.com reports.
Shares of Altus Group (TSE:AIF) opened at 23.20 on Friday. Altus Group has a 1-year low of $9.34 and a 1-year high of $24.75. The stock has a 50-day moving average of $22.65 and a 200-day moving average of $20.13. The company has a market cap of $666.4 million and a P/E ratio of 35.41.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Altus Group from C$24.00 to C$25.00 in a research note on Thursday. They now have a “buy” rating on the stock. On the ratings front, analysts at CIBC raised their price target on shares of Altus Group from C$22.00 to C$24.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Altus Group from C$23.00 to C$27.00 in a research note on Thursday, July 24th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$25.75.
Altus Group Limited (TSE:AIF) is a Canada-based company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.