TD Securities assumed coverage on shares of Altus Group (TSE:AIF) in a research note issued to investors on Friday, Stock Ratings News reports. The firm issued a buy rating and a C$18.00 price target on the stock.
TD Securities has also updated their ratings on a number of other stocks in the last week. The firm initiated coverage on shares of Sierra Wireless. They issued a hold rating on that stock. Also, TD Securities raised its price target on shares of Gildan Activewear from $54.00 to $55.00. They have an action list buy rating on that stock. Finally, TD Securities raised its price target on shares of EnCana Co. from $23.00 to $24.00.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Altus Group from C$15.00 to C$16.00 in a research note to investors on Tuesday, November 12th. They now have a buy rating on the stock. Separately, analysts at CIBC raised their price target on shares of Altus Group from C$10.50 to C$14.75 in a research note to investors on Friday, November 1st. They now have a sector perform rating on the stock. Finally, analysts at BMO Capital Markets upgraded shares of Altus Group from a market perform rating to an outperform rating in a research note to investors on Friday, September 13th. They now have a C$14.00 price target on the stock, up previously from C$10.00. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$15.69.
Shares of Altus Group (TSE:AIF) traded down 1.70% during mid-day trading on Friday, hitting $15.63. The stock had a trading volume of 18,827 shares. Altus Group has a 1-year low of $7.40 and a 1-year high of $16.63. The stock has a 50-day moving average of $8.22 and a 200-day moving average of $8.28.
Altus Group (TSE:AIF) last announced its earnings results on Wednesday, November 13th. The company reported $0.29 earnings per share (EPS) for the quarter.
Altus leads the global real estate industry in offering professional real estate advisory services, data solutions and intelligence about an organization’s assets, generating a wealth of knowledge and insight.
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