Altus Group Limited (AIF) Gets a Buy Rating from BMO Capital

By Ryan Adsit

Yesterday, an analyst has provided a rating update for the Technology company, Altus Group Limited (AIFResearch Report). BMO Capital’s analyst Stephen Macleod reiterates their Buy rating on the shares, with a C$30 price target.

Macleod has an average return of 23.5% when recommending Altus Group Limited.

According to TipRanks.com, Macleod is ranked #530 out of 5194 analysts.

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Altus Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of C$29.67, a 23.8% upside from current levels. In a report released today, Scotiabank also reiterated a Buy rating on the stock with a C$29 price target.

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The company has a one-year high of C$34.75 and a one-year low of C$21.74. Currently, Altus Group Limited has an average volume of 77.2K.

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$23.96.