Altus Group Limited (TSE:AIF) Senior Officer Kamila (Camilla) Bartosiewicz Sells 2,500 Shares

Altus Group Limited (TSE:AIF) Senior Officer Kamila (Camilla) Bartosiewicz sold 2,500 shares of Altus Group stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of C$54.28, for a total transaction of C$135,700.00.

Altus Group Stock Performance

Shares of Altus Group stock opened at C$54.75 on Friday. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.09 and a quick ratio of 1.30. The firm has a market cap of C$2.55 billion, a P/E ratio of 958.03, a P/E/G ratio of 0.96 and a beta of 0.82. The firm has a 50 day simple moving average of C$56.69 and a 200 day simple moving average of C$55.67. Altus Group Limited has a fifty-two week low of C$46.09 and a fifty-two week high of C$61.09.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AIF shares. Royal Bank of Canada lifted their target price on shares of Altus Group from C$56.00 to C$62.00 in a research note on Friday, February 21st. CIBC cut their target price on shares of Altus Group from C$60.00 to C$57.00 in a research note on Friday, February 21st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$57.44.

Altus Group Company Profile

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.