Altus Group (AIF) Set to Announce Earnings on Thursday

Altus Group (TSE:AIF) will be releasing its earnings data after the market closes on Thursday, February 22nd. Analysts expect Altus Group to post earnings of C$0.58 per share for the quarter.

Altus Group (TSE:AIF) opened at C$33.95 on Thursday. Altus Group has a 52 week low of C$25.25 and a 52 week high of C$37.89. The firm has a market capitalization of $1,320.00, a P/E ratio of 10.71 and a beta of 0.26.

In other news, insider Terry Alan Bishop sold 6,800 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of C$36.65, for a total transaction of C$249,220.00. Also, insider Barry Isaac Eisen sold 8,755 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of C$37.30, for a total value of C$326,561.50. Insiders have sold a total of 17,055 shares of company stock valued at $629,782 over the last quarter.

A number of research analysts have recently commented on the company. National Bank Financial increased their target price on Altus Group from C$40.00 to C$43.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. TD Securities increased their target price on Altus Group from C$36.00 to C$41.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. BMO Capital Markets increased their target price on Altus Group from C$37.00 to C$43.00 in a research report on Friday, November 3rd. CIBC increased their target price on Altus Group from C$28.00 to C$32.00 in a research report on Friday, November 3rd. Finally, Canaccord Genuity increased their target price on Altus Group from C$36.00 to C$39.00 in a research report on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of C$39.86.

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Altus Group Company Profile

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.

Earnings History for Altus Group (TSE:AIF)

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