Allied Properties Real Estate Investment Trust (TSE:AP.UN) Receives C$19.59 Consensus PT from Brokerages

Shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) have earned a consensus recommendation of "Hold" from the six research firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$19.59.

A number of equities research analysts have recently commented on AP.UN shares. Raymond James reduced their price objective on shares of Allied Properties Real Estate Investment Trust from C$20.00 to C$19.00 in a research note on Monday, January 13th. Royal Bank of Canada increased their price target on Allied Properties Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a "sector perform" rating in a report on Friday, November 1st. National Bankshares lowered their price objective on Allied Properties Real Estate Investment Trust from C$20.00 to C$19.50 and set a "sector perform" rating for the company in a research report on Friday, November 1st. Scotiabank cut their target price on Allied Properties Real Estate Investment Trust from C$22.00 to C$21.75 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Finally, Desjardins lowered their target price on Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 and set a "hold" rating for the company in a report on Friday, November 1st.

Allied Properties Real Estate Investment Trust Trading Down 0.1 %

Shares of Allied Properties Real Estate Investment Trust stock traded down C$0.02 on Monday, hitting C$16.94. The stock had a trading volume of 358,320 shares, compared to its average volume of 544,544. The stock has a 50 day moving average of C$17.33 and a 200 day moving average of C$17.95. The firm has a market capitalization of C$2.17 billion, a P/E ratio of -4.59 and a beta of 1.26. Allied Properties Real Estate Investment Trust has a twelve month low of C$15.13 and a twelve month high of C$20.74. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45.

Allied Properties Real Estate Investment Trust Company Profile

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.