Altus Group (TSE:AIF) had its price objective trimmed by Royal Bank of Canada from C$38.00 to C$37.00 in a report released on Monday. The brokerage currently has an outperform rating on the stock.

Separately, CIBC increased their target price on shares of Altus Group from C$30.00 to C$33.00 in a report on Monday, October 22nd.

AIF opened at C$30.31 on Monday. Altus Group has a twelve month low of C$27.38 and a twelve month high of C$37.55.

Altus Group (TSE:AIF) last posted its quarterly earnings data on Tuesday, August 7th. The company reported C$0.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.35 by C$0.05. The firm had revenue of C$134.22 million for the quarter, compared to the consensus estimate of C$133.40 million.

The business also recently announced a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Sunday, September 30th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.98%.

Altus Group Company Profile

Altus Group Limited provides independent advisory services, software, and data solutions to the commercial real estate (CRE) industry. The company operates through Altus Analytics, CRE Consulting, and Geomatics segments. The Altus Analytics segment offers data, analytics software, and technology-related services, such as ARGUS Enterprise (AE), a software for valuation, and portfolio management; ARGUS Developer, a software for feasibility analysis and assessments; ARGUS EstateMaster, a software for development feasibility analysis; ARGUS on Demand, a hosted version of AE and ARGUS Developer; and Voyanta, a cloud-based data management solution.

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