Altus Group Ltd (AIF) PT Raised to C$38.00

Altus Group Ltd (TSE:AIF) had its price target upped by analysts at Canaccord Genuity from C$37.00 to C$38.00 in a report issued on Tuesday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 18.01% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. CIBC upped their target price on Altus Group from C$24.25 to C$28.00 in a research report on Friday, November 4th. TD Securities reaffirmed a “buy” rating and issued a C$35.00 target price on shares of Altus Group in a research report on Thursday, October 27th. Finally, Royal Bank Of Canada upped their target price on Altus Group from C$24.00 to C$28.00 and gave the company a “sector perform” rating in a research report on Friday, November 4th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of C$31.40.

Shares of Altus Group (TSE:AIF) traded up 0.16% on Tuesday, reaching $32.25. The company had a trading volume of 36,861 shares. The company has a 50-day moving average price of $30.31 and a 200-day moving average price of $28.80. Altus Group has a one year low of $16.90 and a one year high of $32.70. The firm has a market cap of $1.19 billion and a P/E ratio of 102.06.

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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.

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