Altus Group Ltd (AIF) PT Raised to C$41.00
Altus Group Ltd (TSE:AIF) had its target price upped by analysts at TD Securities from C$36.00 to C$41.00 in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 12.61% from the company’s current price.
Several other research firms have also recently commented on AIF. CIBC boosted their price target on shares of Altus Group from C$28.00 to C$32.00 in a report on Friday. Canaccord Genuity boosted their price target on shares of Altus Group from C$36.00 to C$39.00 in a report on Wednesday. National Bank Financial boosted their price target on shares of Altus Group from C$40.00 to C$43.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets upped their price objective on shares of Altus Group from C$37.00 to C$43.00 in a report on Friday. Finally, Royal Bank Of Canada upgraded shares of Altus Group from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$33.00 to C$36.00 in a report on Thursday, August 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Altus Group has a consensus rating of “Buy” and an average target price of C$39.67.
Altus Group (TSE:AIF) traded up C$0.88 during trading on Friday, hitting C$36.41. 775,059 shares of the stock traded hands, compared to its average volume of 133,591. Altus Group has a fifty-two week low of C$25.25 and a fifty-two week high of C$37.89.
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In related news, insider Edward Charles Orlik sold 2,500 shares of the company’s stock in a transaction on 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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