Free Trial

Analysts Set Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target at C$12.71

Automotive Properties Real Est Invt TR logo with Real Estate background

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

(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.

Read More

Analyst Recommendations for Automotive Properties Real Est Invt TR (TSE:APR.UN)

Should you invest $1,000 in Automotive Properties Real Est Invt TR right now?

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

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

With earnings on the horizon, will Palo Alto Networks continue its rally through Q4? Find out what analysts and investors are predicting.

Related Videos

3 Momentum Stock Picks With Room to Run

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines