Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.72 and traded as low as C$16.97. Allied Properties Real Estate Investment Trust shares last traded at C$17.02, with a volume of 743,297 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on AP.UN. Royal Bank of Canada raised 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. 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 report on Friday, November 1st. Canaccord Genuity Group lifted their price objective on 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. Raymond James reduced their target price on 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 report on Friday, November 1st. Finally, Desjardins lowered their price target on Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 and set a "hold" rating on the stock in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of C$20.08.
Check Out Our Latest Stock Report on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Stock Up 0.8 %
The company has a quick ratio of 0.12, a current ratio of 0.45 and a debt-to-equity ratio of 71.71. The company has a market capitalization of C$2.19 billion, a PE ratio of -4.65 and a beta of 1.26. The company's 50 day moving average is C$18.20 and its two-hundred day moving average is C$17.73.
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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