Altus Group Ltd (TSE:AIF) insider Angelo Bartolini sold 2,000 shares of the firm’s stock in a transaction on Wednesday, March 28th. The shares were sold at an average price of C$32.23, for a total value of C$64,460.00.
Shares of TSE:AIF opened at C$32.62 on Friday. Altus Group Ltd has a fifty-two week low of C$25.25 and a fifty-two week high of C$37.89.
Altus Group (TSE:AIF) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.15 earnings per share for the quarter, missing the consensus estimate of C$0.50 by C($0.35). Altus Group had a negative return on equity of 3.34% and a negative net margin of 2.80%. The firm had revenue of C$122.74 million during the quarter, compared to analysts’ expectations of C$123.83 million.
Several brokerages have recently issued reports on AIF. BMO Capital Markets decreased their target price on Altus Group from C$43.00 to C$40.00 in a research report on Friday, February 23rd. Scotiabank set a C$41.00 price objective on Altus Group and gave the stock a “sector perform” rating in a report on Wednesday, January 17th. Finally, TD Securities decreased their price objective on Altus Group from C$41.00 to C$40.00 and set a “buy” rating for the company in a report on Friday, February 23rd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of C$39.29.
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Altus Group Company Profile
Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.
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