Altus Group (AIF) Stock Forecast & Price Target

C$58.00

+1.29 (+2.27%)

(As of 07/26/2024 ET)

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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

Hold
Based on 9 Analyst Ratings

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
-0.57% Downside

High Forecast	C$65.00
Average Forecast	C$57.67
Low Forecast	C$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 downside of -0.57% from the current price of C$58.00.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
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 Target	C$57.67	C$53.56	C$53.28	C$62.60
Forecasted Upside	-0.57% Downside	17.45% Upside	16.20% Upside	29.39% 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.

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.

Altus Group Stock vs. The Competition

Type	Altus Group	Real Estate Companies
Consensus Rating Score	2.33	2.49
Consensus Rating	Hold	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/10/2024	Cormark 2 of 5 stars		Boost Target		C$60.00 ➝ C$63.00	+13.31%
7/10/2024	TD Securities 4 of 5 stars		Boost Target		C$55.00 ➝ C$65.00	+16.91%
7/10/2024	CIBC 3 of 5 stars		Boost Target		C$53.00 ➝ C$54.00	-2.88%
7/10/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$66.00 ➝ C$63.00	+13.31%
7/10/2024	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$50.00 ➝ C$55.00	-1.08%
7/10/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target		C$59.00	+6.12%
Get the Latest News and Ratings for AIF and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Altus Group and its competitors with MarketBeat's FREE daily newsletter.
5/21/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$49.00 ➝ C$53.00	+9.41%
4/18/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$50.00 ➝ C$55.00	+7.30%
11/10/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$55.00 ➝ C$52.00	+36.84%
11/9/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Tse Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperfrom Under Weight ➝ Sector Perform Under Weight
8/12/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Maggie Macdougall Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$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 Saturday at 06:23 AM 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 analysts have issued "buy," "hold," and "sell" ratings for Altus Group in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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, 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 2.49. Learn more on how AIF compares to other companies.