Altus Group Ltd Stock Is Crashing Now

 Altus Group Ltd Stock Is Crashing Now

The stock of Altus Group Ltd (TSE:AIF) is a huge mover today! About 32,535 shares traded hands. Altus Group Ltd (TSE:AIF) has risen 42.65% since March 28, 2016 and is uptrending. It has outperformed by 39.64% the S&P500.
The move comes after 8 months negative chart setup for the $1.07B company. It was reported on Nov, 1 by Barchart.com. We have $26.96 PT which if reached, will make TSE:AIF worth $64.20 million less.

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 6.56% above today’s ($28.68) stock price. Altus Group has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was maintained by TD Securities on Thursday, October 27 with “Buy”. Canaccord Genuity maintained Altus Group Ltd (TSE:AIF) on Monday, August 10 with “Buy” rating. The rating was downgraded by IBC on Thursday, January 7 to “Sector Performer”. As per Friday, August 7, the company rating was upgraded by Cormark Securities. TD Securities initiated the stock with “Buy” rating in Friday, July 15 report. As per Friday, August 7, the company rating was upgraded by Cormark Securities.

More 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 the news titled: “Altus Group Strengthens Data Analytics Capabilities Through Acquisition of Voyanta” on October 20, 2014. Marketwired.com‘s news article titled: “Altus Group to Become One of the Largest Property Tax Advisors in the US …” with publication date: November 21, 2014 was also an interesting one.

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 65.93 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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