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

Altus Group Limited (TSE:AIF – Get Rating) has earned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$66.50.

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

Altus Group Stock Performance

TSE AIF opened at C$47.15 on Friday. The stock has a market capitalization of C$2.10 billion and a PE ratio of 277.35. The business has a 50 day simple moving average of C$51.19 and a two-hundred day simple moving average of 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. Altus Group has a 1-year low of C$41.27 and a 1-year high of C$72.33.

About Altus Group

(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.

Read More

Analyst Recommendations for Altus Group (TSE:AIF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to

Before you consider Altus Group, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Altus Group wasn’t on the list.

While Altus Group currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here