Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) have received an average rating of "Moderate Buy" from the eight brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$12.53.
Several analysts have issued reports on APR.UN shares. Raymond James cut their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$12.25 and set an "outperform" rating on the stock in a research note on Friday, March 7th. Desjardins dropped their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. National Bankshares decreased their price objective on shares of Automotive Properties Real Est Invt TR from C$12.75 to C$12.00 and set an "outperform" rating for the company in a report on Friday, March 7th. TD Securities dropped their target price on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a "hold" rating on the stock in a report on Friday, March 7th. Finally, CIBC decreased their price target on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set an "outperform" rating for the company in a report on Friday, March 7th.
Check Out Our Latest Stock Analysis on APR.UN
Automotive Properties Real Est Invt TR Stock Down 1.9 %
Shares of TSE APR.UN traded down C$0.19 during midday trading on Monday, reaching C$10.00. 38,112 shares of the company's stock were exchanged, compared to its average volume of 28,350. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. Automotive Properties Real Est Invt TR has a 52-week low of C$9.69 and a 52-week high of C$12.78. The business's fifty day moving average price is C$10.33 and its two-hundred day moving average price is C$11.18. The stock has a market capitalization of C$490.50 million, a PE ratio of 6.58 and a beta of 0.92.
About Automotive Properties Real Est Invt TR
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Get Free ReportAutomotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.
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