Altus Group Limited

Analysts at ATB Cormark Capital Markets assigned an 'outperform' rating and raised their price target to C$58, while BMO Capital Markets lifted theirs to C$54, signaling confidence in Altus Group's earnings trajectory with a consensus PEG ratio of 0.96 suggesting reasonable growth-adjusted valuation.

National Bank Financial cut its price target sharply from C$52 to C$45 with a 'sector perform' rating, and the broader consensus remains a cautious 'Hold' with a negative P/E ratio of -2,297.50, reflecting deep skepticism about near-term profitability.

Altus Group's market cap reached CAD 2.66 billion as of August 2025, reflecting a 5.21% increase over one year, with a stock price of C$61.15 and a P/E ratio of 125.79 — suggesting the market is pricing in robust long-term earnings growth.

Despite market cap gains, the stock's elevated P/E of 125.79 raises concerns about overvaluation relative to current earnings power. Short-term technical indicators show the stock trading below key moving averages, with a projected 3-month decline of up to 8.65%.

Altus Group's research division remains actively engaged in tracking U.S. CRE market indicators, positioning the company as a key data and analytics provider in a sector showing signs of renewed institutional interest, which could drive demand for its proprietary platforms.

Rising 10-year Treasury yields, which analysts warn could reach 5%, pose a structural headwind for the CRE sector. As a company deeply tied to CRE valuations and advisory, Altus Group's revenues could face sustained pressure if higher rates dampen transaction volumes and property valuations.