Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) has been given a consensus recommendation of "Hold" by the seven brokerages that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$20.08.
Several research firms recently weighed in on AP.UN. Desjardins cut their price objective 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 research report on Friday, November 1st. Scotiabank lowered their price objective on shares of 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 note on Friday, November 1st. Raymond James cut their target price on shares of Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 and set a "market perform" rating for the company in a research note on Friday, November 1st. National Bankshares decreased their price target on shares of Allied Properties Real Estate Investment Trust from C$20.00 to C$19.50 and set a "sector perform" rating on the stock in a research report on Friday, November 1st. Finally, Royal Bank of Canada upped their price objective on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company a "sector perform" rating in a research report on Friday, November 1st.
Check Out Our Latest Stock Report on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Stock Down 0.6 %
Shares of TSE AP.UN traded down C$0.11 during trading hours on Wednesday, hitting C$17.99. The stock had a trading volume of 384,627 shares, compared to its average volume of 498,352. The firm's 50-day moving average price is C$19.15 and its two-hundred day moving average price is C$17.60. Allied Properties Real Estate Investment Trust has a 52 week low of C$15.13 and a 52 week high of C$21.35. The company has a market capitalization of C$2.30 billion, a P/E ratio of -4.91 and a beta of 1.26. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45.
About Allied Properties Real Estate Investment Trust
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Get Free ReportAllied 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.
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