Altus Group Ltd (TSE:AIF) had its price target boosted by research analysts at Royal Bank Of Canada from C$36.00 to C$40.00 in a note issued to investors on Tuesday. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 13.54% from the stock’s previous close.
Several other research firms have also issued reports on AIF. CIBC lowered Altus Group from an “outperform” rating to a “neutral” rating in a report on Thursday, August 3rd. TD Securities increased their target price on Altus Group from C$35.00 to C$36.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, Canaccord Genuity raised their price objective on Altus Group from C$34.00 to C$36.00 in a research note on Thursday, August 3rd.
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In related news, insider Edward Charles Orlik sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of C$31.88, for a total value 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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