Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.51 and traded as high as C$18.59. Allied Properties Real Estate Investment Trust shares last traded at C$18.35, with a volume of 297,323 shares trading hands.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Scotiabank dropped their target price 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 report on Friday, November 1st. Raymond James decreased their price target on shares of Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 and set a "market perform" rating on the stock in a research note on Friday, November 1st. Desjardins decreased their price target on shares of Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Royal Bank of Canada upped their price target 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 note on Friday, November 1st. Finally, Canaccord Genuity Group upped their price target on shares of Allied Properties Real Estate Investment Trust from C$17.50 to C$18.50 and gave the company a "hold" rating in a research note on Monday, September 23rd. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of C$20.08.
Check Out Our Latest Report on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Stock Performance
The firm has a market cap of C$2.35 billion, a P/E ratio of -4.99 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. The company's 50 day moving average is C$18.97 and its 200 day moving average is C$17.52.
About Allied Properties Real Estate Investment Trust
(
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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.
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