Minto Apartment Real Estate Invt Trust (TSE:MI.UN - Free Report) had its price objective cut by National Bankshares from C$17.00 to C$16.75 in a report published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.
Several other research firms have also issued reports on MI.UN. Scotiabank decreased their target price on Minto Apartment Real Estate Invt Trust from C$18.75 to C$17.75 in a research report on Thursday, November 14th. BMO Capital Markets lowered their price target on Minto Apartment Real Estate Invt Trust from C$15.50 to C$15.00 in a report on Thursday, March 6th. CIBC cut their price objective on Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a report on Thursday, November 14th. Finally, Raymond James lowered their target price on Minto Apartment Real Estate Invt Trust from C$19.00 to C$17.25 in a research note on Monday, January 13th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$17.75.
Check Out Our Latest Stock Analysis on MI.UN
Minto Apartment Real Estate Invt Trust Trading Down 1.3 %
MI.UN traded down C$0.17 during trading on Friday, reaching C$12.85. 115,915 shares of the company's stock were exchanged, compared to its average volume of 192,119. The company's fifty day moving average price is C$13.17 and its 200-day moving average price is C$14.50. The firm has a market capitalization of C$512.97 million, a PE ratio of -14.44 and a beta of 1.23. Minto Apartment Real Estate Invt Trust has a fifty-two week low of C$12.63 and a fifty-two week high of C$17.34. The company has a debt-to-equity ratio of 101.09, a quick ratio of 0.04 and a current ratio of 1.11.
Minto Apartment Real Estate Invt Trust Company Profile
(
Get Free Report)
Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary.
Featured Stories
Before you consider Minto Apartment Real Estate Invt Trust, 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 Minto Apartment Real Estate Invt Trust wasn't on the list.
While Minto Apartment Real Estate Invt Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
