Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) had its target price upped by CIBC from C$12.75 to C$13.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. CIBC's price objective indicates a potential upside of 7.00% from the company's previous close.
Several other brokerages have also issued reports on APR.UN. Canaccord Genuity Group boosted their price target on shares of Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the company a "buy" rating in a report on Monday, September 16th. TD Securities increased their price target on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the stock a "hold" rating in a research report on Friday. BMO Capital Markets lifted their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a report on Monday, October 28th. Raymond James upped their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research note on Friday, September 6th. Finally, Royal Bank of Canada boosted their price target on Automotive Properties Real Est Invt TR from C$11.50 to C$12.50 in a research note on Monday, August 19th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Automotive Properties Real Est Invt TR has a consensus rating of "Moderate Buy" and an average price target of C$12.94.
Get Our Latest Stock Report on APR.UN
Automotive Properties Real Est Invt TR Stock Performance
Shares of APR.UN stock traded down C$0.17 during mid-day trading on Friday, reaching C$12.15. The stock had a trading volume of 22,036 shares, compared to its average volume of 24,208. The firm has a market cap of C$595.96 million, a PE ratio of 7.99 and a beta of 0.92. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. Automotive Properties Real Est Invt TR has a one year low of C$9.69 and a one year high of C$12.78. The firm's 50 day simple moving average is C$12.30 and its 200 day simple moving average is C$10.97.
About Automotive Properties Real Est Invt TR
(
Get Free Report)
Automotive 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.
Featured Articles
Before you consider Automotive Properties Real Est Invt TR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Automotive Properties Real Est Invt TR wasn't on the list.
While Automotive Properties Real Est Invt TR currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
