Analysts at the Royal Bank of Canada raised the target price for Altus Group (TSE:AIF) from C$55.00 to C$56.00, indicating a slight potential downside. Other firms like Scotiabank and BMO Capital Markets reduced their target prices, while National Bankshares increased theirs. Currently, Altus Group has a consensus rating of “Hold” with a target price of C$56.22. The company recently reported strong quarterly earnings, surpassing estimates with C$206.71 million in revenue. Insider trading activity includes significant share sales by directors. Altus Group specializes in asset and funds intelligence solutions for commercial real estate.

Read the full article here