Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six brokerages that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$12.71.
APR.UN has been the topic of several research reports. Canaccord Genuity Group upped their price target on 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 lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$11.00 to C$12.00 and gave the stock a "hold" rating in a research report on Wednesday, September 4th. Royal Bank of Canada lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.50 in a research report on Monday, August 19th. BMO Capital Markets lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.00 in a research report on Monday, August 19th. Finally, Raymond James lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research report on Friday, September 6th.
Read Our Latest Report on Automotive Properties Real Est Invt TR
Automotive Properties Real Est Invt TR Price Performance
TSE:APR.UN traded down C$0.09 during midday trading on Thursday, hitting C$12.58. 11,888 shares of the stock were exchanged, compared to its average volume of 24,630. 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 company has a market capitalization of C$617.05 million, a price-to-earnings ratio of 8.28 and a beta of 0.92. The business has a 50-day moving average price of C$11.93 and a two-hundred day moving average price of C$10.72. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62.
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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