TD Securities Boosts Altus Group Ltd (AIF) Price Target to C$41.00

Altus Group Ltd (TSE:AIF) had its price objective upped by analysts at TD Securities from C$36.00 to C$41.00 in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 10.71% from the company’s previous close.

A number of other analysts have also recently weighed in on AIF. Royal Bank Of Canada raised shares of Altus Group from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$33.00 to C$36.00 in a research note on Thursday, August 3rd. Canaccord Genuity boosted their target price on shares of Altus Group from C$34.00 to C$36.00 in a research note on Thursday, August 3rd. CIBC cut shares of Altus Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 3rd. National Bank Financial boosted their target price on shares of Altus Group from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, BMO Capital Markets boosted their price objective on shares of Altus Group from C$37.00 to C$43.00 in a research note on Friday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of C$39.67.

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In related news, insider Edward Charles Orlik sold 2,500 shares of the business’s stock in a transaction on Monday, August 21st. The shares were 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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