Altus Group Ltd (TSE:AIF) – Analysts at National Bank Financial issued their Q3 2016 earnings per share (EPS) estimates for Altus Group in a research report issued on Monday. National Bank Financial analyst R. Tse anticipates that the firm will post earnings per share of $0.26 for the quarter. National Bank Financial currently has a “Outperform Overweight” rating on the stock. National Bank Financial also issued estimates for Altus Group’s Q4 2016 earnings at $0.39 EPS, FY2016 earnings at $1.12 EPS and FY2017 earnings at $1.41 EPS.
Several other research firms have also commented on AIF. Canaccord Genuity boosted their price objective on shares of Altus Group from C$28.00 to C$30.00 and gave the stock a “buy” rating in a research report on Friday, August 12th. BMO Capital Markets boosted their price objective on shares of Altus Group from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Friday, August 12th. TD Securities initiated coverage on shares of Altus Group in a research report on Friday, July 15th. They issued a “buy” rating and a C$28.00 price objective on the stock. Finally, CIBC boosted their price objective on shares of Altus Group from C$20.00 to C$24.25 in a research report on Friday, August 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$26.45.
Shares of Altus Group (TSE:AIF) opened at 29.53 on Thursday. The firm’s 50 day moving average is $27.72 and its 200-day moving average is $23.27. Altus Group has a 12 month low of $16.90 and a 12 month high of $29.61. The firm has a market capitalization of $1.09 billion and a PE ratio of 65.48.
In other news, insider Jim Derbyshire sold 10,900 shares of the stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of C$29.10, for a total transaction of C$317,190.00.
Altus Group Company Profile
Altus Group Limited is a Canada-based provider of independent advisory services, software and data solutions to the commercial real estate industry. The Company’s five core practices include: Research, Valuation and Advisory (RVA), ARGUS Software (AS), Property Tax Consulting (PTC), Cost Consulting and Project Management (CCPM) and Geomatics.
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