CIBC Sticks to Its Hold Rating for Altus Group Limited (AIF)

By Austin Angelo

Altus Group Limited (AIFResearch Report), the Technology company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. CIBC’s analyst Stephanie Price reiterates their Hold rating on the shares, with a C$30 price target.

According to TipRanks.com, Price is ranked #1171 out of 5142 analysts.

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Currently, the analyst consensus on Altus Group Limited is a Moderate Buy with an average price target of C$35.

The company has a one-year high of C$36.41 and a one-year low of C$21.74. Currently, Altus Group Limited has an average volume of 83.99K.

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$23.92, close to its 52-week low of C$21.74.