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Altus Group (AIF) Stock Forecast & Price Target

C$55.44
-0.52 (-0.93%)
(As of 05:27 PM ET)

Altus Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 9 Wall Street analysts who have issued ratings for Altus Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 6 have given a hold rating, and 3 have given a buy rating for AIF.

Consensus Price Target

C$57.67
4.02% Upside
High ForecastC$65.00
Average ForecastC$57.67
Low ForecastC$52.00

According to the 9 analysts' twelve-month price targets for Altus Group, the average price target is C$57.67. The highest price target for AIF is C$65.00, while the lowest price target for AIF is C$52.00. The average price target represents a forecasted upside of 4.02% from the current price of C$55.44.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$57.67C$53.56C$53.28C$62.60
Forecasted Upside4.02% Upside17.45% Upside16.20% Upside29.39% Upside
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AIF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AIF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Altus Group Stock vs. The Competition

TypeAltus GroupReal Estate Companies
Consensus Rating Score
2.33
2.48
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Cormark
2 of 5 stars
 Boost TargetC$60.00 ➝ C$63.00+13.31%
7/10/2024TD Securities
4 of 5 stars
 Boost TargetC$55.00 ➝ C$65.00+16.91%
7/10/2024CIBC
3 of 5 stars
 Boost TargetC$53.00 ➝ C$54.00-2.88%
7/10/2024Canaccord Genuity Group
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 Lower TargetC$66.00 ➝ C$63.00+13.31%
7/10/2024Eight Capital
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 Boost TargetC$50.00 ➝ C$55.00-1.08%
7/10/2024BMO Capital Markets
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 Set TargetC$59.00+6.12%
5/21/2024Scotiabank
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 Boost TargetSector PerformC$49.00 ➝ C$53.00+9.41%
4/18/2024National Bankshares
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 Boost TargetSector PerformC$50.00 ➝ C$55.00+7.30%
11/10/2023Royal Bank of Canada
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 Lower TargetSector PerformC$55.00 ➝ C$52.00+36.84%
11/9/2023National Bank Financial
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R. Tse
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DowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
8/12/2022Stifel Nicolaus
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Maggie Macdougall
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Boost TargetC$55.00 ➝ C$62.00+10.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:28 PM ET.

AIF Forecast - Frequently Asked Questions

What is Altus Group's forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Altus Group is C$57.67, with a high forecast of C$65.00 and a low forecast of C$52.00.

Should I buy or sell Altus Group stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Group in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIF, but not buy additional shares or sell existing shares.

Does Altus Group's stock price have much upside?

According to analysts, Altus Group's stock has a predicted upside of 16.72% based on their 12-month stock forecasts.

What analysts cover Altus Group?

Altus Group has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, CIBC, Cormark, Eight Capital, National Bankshares, Scotiabank, and TD Securities in the past 90 days.

Do Wall Street analysts like Altus Group more than its competitors?

Analysts like Altus Group less than other "real estate" companies. The consensus rating score for Altus Group is 2.33 while the average consensus rating score for "real estate" companies is 2.48. Learn more on how AIF compares to other companies.


This page (TSE:AIF) was last updated on 7/17/2024 by MarketBeat.com Staff

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