Altus Group Ltd (AIF) Price Target Increased to C$32.00 by Analysts at CIBC
Altus Group Ltd (TSE:AIF) had its price objective hoisted by equities researchers at CIBC from C$28.00 to C$32.00 in a note issued to investors on Friday. CIBC’s target price would indicate a potential downside of 12.11% from the company’s previous close.
AIF has been the topic of several other reports. TD Securities lifted their price target on shares of Altus Group from C$35.00 to C$36.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Royal Bank Of Canada lifted their price target on shares of Altus Group from C$36.00 to C$40.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Canaccord Genuity lifted their price target on shares of Altus Group from C$36.00 to C$39.00 in a research note on Wednesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Altus Group presently has a consensus rating of “Buy” and an average target price of C$39.67.
Shares of Altus Group (TSE AIF) traded up C$0.88 during mid-day trading on Friday, reaching C$36.41. 775,059 shares of the company’s stock traded hands, compared to its average volume of 133,591. Altus Group has a 12-month low of C$25.25 and a 12-month high of C$37.89.
In other news, insider Edward Charles Orlik sold 2,500 shares of Altus Group stock in a transaction dated Monday, August 21st. The shares were sold at an average price of C$31.88, for a total value of C$79,700.00.
About Altus Group
Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.
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