BMO Capital Markets Boosts Altus Group Ltd (AIF) Price Target to C$43.00
Altus Group Ltd (TSE:AIF) had its price target lifted by BMO Capital Markets from C$37.00 to C$43.00 in a report released on Friday. BMO Capital Markets’ price objective would suggest a potential upside of 18.10% from the stock’s previous close.
Several other research analysts have also issued reports on the stock. Canaccord Genuity increased their price target on shares of Altus Group from C$34.00 to C$36.00 in a research report on Thursday, August 3rd. TD Securities increased their price target on shares of Altus Group from C$35.00 to C$36.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. CIBC lowered shares of Altus Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada raised shares of Altus Group from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$33.00 to C$36.00 in a research report on Thursday, August 3rd. Finally, National Bank Financial increased their price target on shares of Altus Group from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Altus Group presently has an average rating of “Buy” and an average price target of C$39.67.
Altus Group (AIF) traded up C$0.88 during trading hours on Friday, reaching C$36.41. 775,059 shares of the company traded hands, compared to its average volume of 133,591. Altus Group has a 52-week low of C$25.25 and a 52-week high of C$37.89.
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In other Altus Group news, insider Edward Charles Orlik sold 2,500 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of C$31.88, for a total transaction 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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