Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$17.56 and traded as high as C$18.13. Allied Properties Real Estate Investment Trust shares last traded at C$18.06, with a volume of 413,077 shares traded.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on AP.UN shares. National Bankshares reduced 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 for the company in a report on Friday, November 1st. Scotiabank dropped their price objective 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 note on Friday, November 1st. Desjardins dropped 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 report on Friday, November 1st. Royal Bank of Canada lifted 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. Finally, Canaccord Genuity Group lifted their price target on Allied Properties Real Estate Investment Trust from C$17.50 to C$18.50 and gave the stock a "hold" rating in a report on Monday, September 23rd. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Allied Properties Real Estate Investment Trust currently has an average rating of "Hold" and an average price target of C$20.08.
View Our Latest Stock Analysis on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Trading Down 0.4 %
The company has a current ratio of 0.45, a quick ratio of 0.12 and a debt-to-equity ratio of 71.71. The firm has a market capitalization of C$2.30 billion, a price-to-earnings ratio of -4.87 and a beta of 1.26. The firm's 50-day moving average is C$19.08 and its 200 day moving average is C$17.56.
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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