Today, an analyst has provided a rating update for the Technology company, Altus Group Limited (AIF). The company received a Buy rating from National Bank’s analyst Richard Tse, with a C$35 price target.
Tse has an average return of 17.3% when recommending Altus Group Limited.
According to TipRanks.com, Tse is ranked #413 out of 4918 analysts.
Altus Group Limited has an analyst consensus of Strong Buy, with a price target consensus of C$35.75, representing a 35.9% upside. In a report issued on November 5, RBC Capital also maintained a Buy rating on the stock with a C$37 price target.
Altus Group Limited’s market cap is currently C$1.17B and has a P/E ratio of 606.2. The company has a Price to Book ratio of 3.16.
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 Thursday at C$26.30.