Altus Group Limited (AIF.TO) has seen some ups and downs in its stock price lately, influenced by strategic corporate actions.
This week, Altus Group's stock closed at C$45.95, up 1.70% for the day but down 2.14% over the week. The company’s recent activities, including a significant issuer bid, have caught investors' attention. Let’s break down the latest developments affecting Altus Group's stock performance.
Investor takeaway: While Altus Group's stock has shown some resilience with a slight uptick today, the overall year-to-date performance raises concerns for investors, especially considering the company's recent financial metrics and market conditions.
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Altus Group Limited
AIF.TO
AIF.TO
Altus Group Limited
WealthAwesomeMarket cap
$1.64B
52W high
$62.49
52W low
$36.73
1W change
-2.14%
Beta
0.82
Analyst Price Targets
Based on analyst covering AIF
Wall Street analysts forecast AIF stock price to rise 10.2% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$51.33
+10.2% Upside
Current Price
C$46.57
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AIF's historical volatility
30-Day Vol
37.9%
Annualized
90-Day Vol
38.5%
Annualized
Trend (90d)
-34.5%
Annualized drift
90d Mean
C$41.17
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$44.69 | C$39.21 – C$50.95 |
| 60 trading days | C$42.89 | C$35.65 – C$51.62 |
| 90 trading days | C$41.17 | C$32.82 – C$51.64 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Altus Group's stock closed at C$45.95, with a 1D increase of 1.70%.
The stock has traded within a 52-week range of C$36.73 to C$62.49, indicating significant volatility over the past year.
Bull case
The completion of the substantial issuer bid may reflect management's confidence in the company's long-term value, which could support the stock price moving forward.
Bear case
The recent decline in stock price over the year and the negative profit margin raise concerns about the company's financial health and its ability to achieve sustainable growth.
Recent Price Action
Altus Group's stock closed at C$45.95 on Monday, marking a 1.70% increase for the day. However, the stock has dropped 2.14% over the past week, with a modest gain of 0.50% in the last month. Year-to-date, the stock is down 17.44%, reflecting ongoing challenges in the real estate sector.
Corporate Developments
Recent headlines about Altus Group have mainly focused on its substantial issuer bid. The company completed this bid on April 24, 2026, repurchasing around 3.85 million common shares at C$52.00 each, totaling about C$200 million. This move shows a strategic effort by management to enhance shareholder value amid a fluctuating market. The preliminary results of the bid indicated an oversubscription, leading to a proration of about 87.13% for tendered shares.
Technical Picture
From a technical perspective, Altus Group's stock is currently trading above its 50-day moving average of C$44.47, which is a positive sign (+3.3%). However, it remains below its 200-day moving average of C$49.65 (-7.5%). The stock has recently seen a trading volume of 193,836 shares, below its 20-day average volume of 144,100 shares (0.61x). The 52-week range of C$36.73 to C$62.49 shows that the stock has experienced significant volatility, with its current price at about 36% of this range.
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