Altus Group (TSE:AIF) Upgraded by National Bank Financial to "Strong-Buy" Rating

Key Points

• Altus Group has been upgraded from a "hold" to a "strong-buy" rating by National Bank Financial, with Q3 2025 earnings estimates set at $0.46 EPS.
• Multiple analysts have varying price objectives for Altus Group, with National Bank forecasting a target of C$74.00, while CIBC has lowered its target to C$54.00.
• As of the latest reports, Altus Group's market capitalization stands at C$2.84 billion, with a consensus rating of "Moderate Buy" among analysts.

Altus Group (TSE:AIF - Get Free Report) was upgraded by equities research analysts at National Bank Financial from a "hold" rating to a "strong-buy" rating in a note issued to investors on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Altus Group's Q3 2025 earnings at $0.46 EPS and FY2025 earnings at $1.78 EPS.

A number of other analysts have also issued reports on the stock. CIBC dropped their price objective on shares of Altus Group from C$57.00 to C$54.00 in a research note on Thursday, April 17th. National Bankshares upgraded Altus Group from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from C$60.00 to C$74.00 in a report on Wednesday. BMO Capital Markets boosted their target price on shares of Altus Group from C$60.00 to C$62.00 in a research report on Thursday, May 22nd. Royal Bank Of Canada dropped their price objective on shares of Altus Group from C$62.00 to C$58.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 22nd. Finally, Scotiabank boosted their target price on Altus Group from C$52.00 to C$53.00 and gave the stock a "sector perform" rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$60.20.

Altus Group Stock Up 4.8%

AIF stock opened at C$60.95 on Tuesday. The firm has a 50-day simple moving average of C$54.27 and a 200-day simple moving average of C$53.70. The company has a quick ratio of 1.30, a current ratio of 2.09 and a debt-to-equity ratio of 55.91. The stock has a market capitalization of C$2.84 billion, a P/E ratio of 1,066.51, a P/E/G ratio of 0.96 and a beta of 0.82. Altus Group has a 52 week low of C$46.36 and a 52 week high of C$62.00.

Insider Transactions at Altus Group

In related news, Director Anthony Long sold 3,000 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$56.16, for a total transaction of C$168,468.00. Also, Senior Officer Kimberly Carter sold 725 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$55.00, for a total value of C$39,875.00. Corporate insiders own 4.05% of the company's stock.

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.

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