Altus Group Ltd (AIF) PT Raised to C$43.00 at BMO Capital Markets
Altus Group Ltd (TSE:AIF) had its target price upped by investment analysts at BMO Capital Markets from C$37.00 to C$43.00 in a research note issued to investors on Friday. BMO Capital Markets’ price objective would indicate a potential upside of 18.10% from the stock’s current price.
Several other brokerages also recently issued reports on AIF. TD Securities lifted their target price on 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. CIBC lifted their target price on Altus Group from C$28.00 to C$32.00 in a research note on Friday. Canaccord Genuity lifted their target price on Altus Group from C$36.00 to C$39.00 in a research note on Wednesday. National Bank Financial lifted their target price on Altus Group from C$40.00 to C$43.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Royal Bank Of Canada raised Altus Group from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$33.00 to C$36.00 in a research note on Thursday, August 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of C$39.67.
Shares of Altus Group (TSE:AIF) opened at C$36.41 on Friday. Altus Group has a 12 month low of C$25.25 and a 12 month high of C$37.89.
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In other Altus Group news, insider Edward Charles Orlik sold 2,500 shares of Altus Group stock in a transaction that occurred on Monday, August 21st. The stock was 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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