Minto Apartment Real Estate Invt Trust (TSE:MI.UN - Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as C$12.99 and last traded at C$12.99, with a volume of 103618 shares traded. The stock had previously closed at C$13.27.
Analysts Set New Price Targets
A number of research firms recently issued reports on MI.UN. Raymond James upped their price objective on shares of Minto Apartment Real Estate Invt Trust from C$18.75 to C$19.00 in a research report on Thursday, November 14th. CIBC reduced their price objective on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a research report on Thursday, November 14th. BMO Capital Markets cut their target price on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.00 in a report on Thursday, November 14th. Scotiabank decreased their price objective on Minto Apartment Real Estate Invt Trust from C$18.75 to C$17.75 in a report on Thursday, November 14th. Finally, National Bankshares raised their price target on shares of Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$19.68.
Check Out Our Latest Report on MI.UN
Minto Apartment Real Estate Invt Trust Stock Performance
The company has a market cap of C$517.76 million, a P/E ratio of -14.57 and a beta of 1.23. The company's fifty day moving average is C$13.87 and its 200 day moving average is C$15.19. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09.
Minto Apartment Real Estate Invt Trust Company Profile
(
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Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton.
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