A Reversal for Altus Group Ltd Is Not Near. The Stock Rises Again

 A Reversal for Altus Group Ltd Is Not Near. The Stock Rises Again

The stock of Altus Group Ltd (TSE:AIF) is a huge mover today! About 42,783 shares traded hands. Altus Group Ltd (TSE:AIF) has risen 43.17% since March 24, 2016 and is uptrending. It has outperformed by 39.69% the S&P500.
The move comes after 6 months positive chart setup for the $1.07B company. It was reported on Oct, 31 by Barchart.com. We have $45.18 PT which if reached, will make TSE:AIF worth $588.50M more.

Altus Group Ltd (TSE:AIF) Ratings Coverage

Out of 2 analysts covering Altus Group (TSE:AIF), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $36 is the highest target while $20 is the lowest. The $30.56 average target is 4.84% above today’s ($29.15) stock price. Altus Group has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Monday, August 10, the company rating was maintained by Canaccord Genuity. The stock has “Sector Performer” rating given by IBC on Thursday, January 7. The firm earned “Buy” rating on Thursday, October 27 by TD Securities. Cormark Securities upgraded the shares of AIF in a report on Friday, August 7 to “Buy” rating. TD Securities initiated the shares of AIF in a report on Friday, July 15 with “Buy” rating. The company was upgraded on Friday, August 7 by Cormark Securities.

More important recent Altus Group Ltd (TSE:AIF) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on December 22, 2014, also Marketwired.com published article titled: “Altus Group Strengthens Data Analytics Capabilities Through Acquisition of Voyanta”, Marketwired.com published: “Altus Group to Become One of the Largest Property Tax Advisors in the US …” on November 21, 2014. More interesting news about Altus Group Ltd (TSE:AIF) was released by: Marketwired.com and their article: “Altus Group Reports Second Quarter 2016 Financial Results” with publication date: August 11, 2016.

Altus Group Ltd provides independent advisory services, software and data solutions. The company has a market cap of $1.07 billion. The Company’s divisions include Property Tax Consulting ; Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). It has a 67.01 P/E ratio. The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.

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