Altus Group Limited (TSE:AIF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Altus Group Limited (TSE:AIFGet Rating) have received an average rating of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$66.50.

Several analysts have weighed in on the company. Stifel Nicolaus boosted their price target on Altus Group from C$55.00 to C$62.00 in a research note on Friday, August 12th. Cormark boosted their price target on Altus Group from C$65.00 to C$66.00 in a research note on Friday, August 12th. CIBC boosted their price target on Altus Group from C$54.00 to C$58.00 and gave the company a “neutral” rating in a research note on Friday, August 12th. Finally, Royal Bank of Canada boosted their price target on Altus Group from C$61.00 to C$70.00 and gave the company an “outperform” rating in a research note on Friday, August 12th.

Altus Group Stock Down 1.4 %

Shares of AIF stock opened at C$47.15 on Friday. Altus Group has a 1-year low of C$41.27 and a 1-year high of C$72.33. The stock’s fifty day moving average price is C$51.19 and its 200 day moving average price is C$48.46. The company has a debt-to-equity ratio of 73.82, a current ratio of 1.43 and a quick ratio of 1.42. The company has a market cap of C$2.10 billion and a price-to-earnings ratio of 277.35.

Altus Group Company Profile

(Get Rating)

Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software.

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Analyst Recommendations for Altus Group (TSE:AIF)

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