Canaccord Genuity Keeps Their Buy Rating on Altus Group Limited

By Jason Carr

Altus Group Limited (TSX: AIF), the Technology company, was revisited by a Wall Street analyst today. The company received a Buy rating from Canaccord Genuity’s analyst Yuri Lynk, with a C$34 price target.

According to TipRanks.com, Lynk is a 4-star analyst with an average return of 4.9% and a 52.2% success rate. Lynk covers the Basic Materials sector, focusing on stocks such as Badger Daylighting Ltd, Aecom Technology Corp, and North American Energy.

Altus Group Limited has an analyst consensus of Strong Buy, with a price target consensus of C$36.

The company has a one year high of C$33.50 and a one year low of C$22.42. Currently, Altus Group Limited has an average volume of 80.77K.

Altus Group Ltd. provides independent commercial real estate consulting and advisory services, software and data solutions. Its projects include Seymour hospital, Stamford cosmopolitan, commercial waregouse, nbn satellite earth and Glenwood community hub. The company was founded in May 2005 and is headquartered in Toronto, Canada.

The company’s shares closed on Monday at C$25.56.