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Altus Group Ltd
Symbol AIF
Shares Issued 46,165,243
Close 2025-02-21 C$ 55.00
Market Cap C$ 2,539,088,365
Recent Sedar Documents

Globe says Treiber keeps Altus Group at "outperform"

2025-02-21 07:50 ET - In the News

The Globe and Mail reports in its Friday, Feb. 21, edition that RBC Capital analyst Paul Treiber continues to rate Altus Group "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber hiked his share target up by $6 to $62. Analysts on average target the shares at $60. Mr. Treiber says in a note: "Q4 was mixed, with revenue effectively in line with RBC/consensus, while adjusted EBITDA was slightly short of consensus when excluding unusuals. FY25 revenue and adjusted EBITDA guidance is effectively in line with consensus, though growth and margin expansion are likely to be back-end loaded (Q1 guidance light), as it will take time for the Canadian real estate market to improve and the ARGUS Intelligence migration cycle to commence." The Globe reported on Nov. 8 that Mr. Treiber continued to rate Altus Group "sector perform." It was then worth $56.61. The Globe reported on Dec. 20 that CIBC World Markets analyst Scott Fletcher continued to rate Altus Group "neutral." It was then worth $55.93. The Globe reported on Jan. 28 that National Bank analyst John Shao had reaffirmed his "sector perform" recommendation for Altus Group. It was then worth $57.81.

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