A Wall Street analyst has provided a review for the Technology company yesterday, but retained the same rating on the stock. Altus Group Limited (AIF) received a Sell rating from CIBC’s analyst Stephanie Price, with a C$23 price target.
According to TipRanks.com, Price is ranked #922 out of 5194 analysts.
Read also: Top Analyst Bullish on Alphabet (GOOGL) Stock on Back of Accelerating Growth in Mobile Search and YouTube Engagement
Currently, the analyst consensus on Altus Group Limited is a Moderate Buy with an average price target of C$27.33.
Based on Altus Group Limited’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$1.72 million. In comparison, last year the company had a GAAP net loss of C$3.44 million.
Altus Group Ltd. provides independent advisory services, and software and data solutions to the global commercial real estate industry. It operates through the following segments: Altus Analytics, Commercial Real Estate Consulting, and Geomatics. Altus Analytics provides data, analytics software, and technology-related services.
The company’s shares closed on Friday at C$23.73, close to its 52-week low of C$21.74.
