The stock of Altus Group Ltd (TSE:AIF) is a huge mover today! About 35,274 shares traded hands. Altus Group Ltd (TSE:AIF) has risen 41.40% since April 27, 2016 and is uptrending. It has outperformed by 35.47% the S&P500.
The move comes after 8 months negative chart setup for the $1.14 billion company. It was reported on Dec, 1 by Barchart.com. We have $29.11 PT which if reached, will make TSE:AIF worth $45.60 million less.
Altus Group Ltd (TSE:AIF) Ratings Coverage
Out of 3 analysts covering Altus Group (TSE:AIF), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $36 is the highest target while $20 is the lowest. The $31 average target is 2.24% above today’s ($30.32) stock price. Altus Group has been the topic of 16 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Monday, August 10 by Canaccord Genuity. The stock of Altus Group Ltd (TSE:AIF) earned “Buy” rating by TD Securities on Thursday, October 27. As per Friday, August 7, the company rating was upgraded by Cormark Securities. The firm has “Buy” rating by TD Securities given on Friday, July 15. Cormark Securities upgraded the stock to “Buy” rating in Friday, August 7 report. The company was downgraded on Thursday, January 7 by IBC.
More recent Altus Group Ltd (TSE:AIF) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on January 12, 2011. Also Reuters.com published the news titled: “BRIEF-Altus Group acquires R2G Ltd” on August 02, 2016. Marketwired.com‘s news article titled: “Altus Group Strengthens Data Analytics Capabilities Through Acquisition of Voyanta” with publication date: October 20, 2014 was also an interesting one.
Altus Group Ltd provides independent advisory services, software and data solutions. The company has a market cap of $1.14 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 96.13 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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