Altus Group (TSE:AIF) had its target price raised by analysts at BMO Capital Markets from C$40.00 to C$42.00 in a report released on Thursday, BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 11.70% from the stock’s previous close.
A number of other research analysts have also issued reports on AIF. Canaccord Genuity increased their target price on shares of Altus Group from C$40.00 to C$44.00 in a research report on Friday, November 8th. National Bank Financial lowered shares of Altus Group from an “outperform” rating to a “sector perform” rating and set a C$40.00 target price on the stock. in a research report on Wednesday, October 23rd. Royal Bank of Canada increased their target price on shares of Altus Group from C$39.00 to C$44.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. TD Securities increased their target price on shares of Altus Group from C$39.00 to C$41.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, CIBC increased their target price on shares of Altus Group from C$26.00 to C$30.00 in a research report on Tuesday, October 29th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of C$40.17.
Shares of TSE:AIF opened at C$37.60 on Thursday. The company’s 50 day moving average price is C$36.41 and its two-hundred day moving average price is C$35.62. Altus Group has a 12-month low of C$21.67 and a 12-month high of C$40.29. The firm has a market cap of $1.52 billion and a PE ratio of 464.20. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 62.30.
Altus Group Company Profile
Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate (CRE) industry in Canada, the United States, Europe, and the Asia Pacific. It operates in three segments: Altus Analytics, Commercial Real Estate Consulting (CRE Consulting), and Geomatics.
Further Reading: Ex-Dividend
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