Altus Group (TSE:AIF) Stock Target Raised
In a report released by National Bank Financial on 3 November, Altus Group (TSE:AIF) had its PT boosted to $43.00. The firm currently has Outperform rating on the stock.
The target increase is welcomed by stock investors, as TSE:AIF is right now trading 2.48% higher at $36.41 as of 8:10 AM New York time. Altus Group shares have [From2] 0% over the last 200 days, while the S&P500 Index has risen 6.00% for the same time period.
According to data compiled by Thomson Reuters, Altus Group (TSE:AIF)’s stock is covered by 8 equity analysts across the Street, with 0 analysts giving it a Sell rating, 6 a Buy rating, while 2 consider it a Hold. The 12-month consensus target price for the stock is $22.4, which reflects an downside potential of 38.48% over the current price.
Altus Group (TSE:AIF) Profile
Altus Group (TSE:AIF) traded up 2.48% on 3 November, hitting $36.41. A total of 775,059 shares of the company’s stock traded hands. This is up from average of 133,591 shares. Altus Group has a 52 week low of $25.25 and a 52 week high of $37.89. The company has a market cap of $1.41B and a P/E ratio of 12.81.
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