Royal Bank Of Canada Raises Altus Group Ltd (AIF) Price Target to C$40.00
Altus Group Ltd (TSE:AIF) had its price target increased by Royal Bank Of Canada from C$36.00 to C$40.00 in a research note released on Tuesday morning. The firm currently has an outperform rating on the stock.
Other equities analysts have also issued reports about the company. Canaccord Genuity lifted their price objective on Altus Group from C$34.00 to C$36.00 in a research note on Thursday, August 3rd. CIBC lowered Altus Group from an outperform rating to a neutral rating in a research note on Thursday, August 3rd. Finally, TD Securities lifted their price objective 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.
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, September 28th.
In related news, insider Edward Charles Orlik sold 2,500 shares of the business’s 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 transaction of C$79,700.00.
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.
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