Altus Group (OTCMKTS:ASGTF) Given New C$61.00 Price Target at Royal Bank of Canada

Altus Group (OTCMKTS:ASGTFGet Rating) had its price objective lowered by Royal Bank of Canada from C$72.00 to C$61.00 in a report issued on Thursday, The Fly reports.

ASGTF has been the topic of several other reports. BMO Capital Markets cut their price objective on Altus Group from C$76.00 to C$74.00 in a research report on Friday, February 25th. Stifel Nicolaus initiated coverage on Altus Group in a report on Wednesday, April 27th. They set a “buy” rating on the stock. Finally, TD Securities dropped their target price on Altus Group from C$71.00 to C$65.00 in a report on Thursday. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Altus Group presently has an average rating of “Buy” and a consensus target price of $68.17.

ASGTF remained flat at $$36.42 on Thursday. The firm has a fifty day moving average price of $38.43 and a 200 day moving average price of $46.01. Altus Group has a 12 month low of $36.00 and a 12 month high of $56.13.

Altus Group Company Profile (Get Rating)

Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software.

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