Altus Group (OTCMKTS:ASGTF) PT Lowered to C$65.00 at TD Securities

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Altus Group (OTCMKTS:ASGTFGet Rating) had its price target reduced by TD Securities from C$71.00 to C$65.00 in a research note published on Thursday, The Fly reports.

A number of other brokerages have also issued reports on ASGTF. BMO Capital Markets cut their price target on Altus Group from C$76.00 to C$74.00 in a research note on Friday, February 25th. Stifel Nicolaus assumed coverage on Altus Group in a research report on Wednesday, April 27th. They issued a buy rating on the stock. Finally, Royal Bank of Canada cut their price target on Altus Group from C$78.00 to C$74.00 in a report on Friday, February 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Altus Group presently has a consensus rating of Buy and an average price target of $67.00.

Altus Group stock opened at $36.42 on Thursday. Altus Group has a one year low of $36.00 and a one year high of $56.13. The stock has a fifty day moving average of $38.38 and a 200 day moving average of $45.92.

About Altus Group (Get Rating)

Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software.

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