Shares of Minto Apartment Real Estate Invt Trust (TSE:MI.UN - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$20.02.
A number of equities analysts recently commented on the stock. Royal Bank of Canada dropped their price target on shares of Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a research note on Thursday, August 15th. TD Securities upped their target price on Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a report on Thursday, August 15th. National Bankshares upped 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. Finally, Raymond James lowered their price objective on Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a research report on Thursday, August 15th.
Read Our Latest Stock Report on Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust Price Performance
Shares of Minto Apartment Real Estate Invt Trust stock traded up C$0.45 on Friday, hitting C$15.70. 172,574 shares of the company traded hands, compared to its average volume of 90,916. Minto Apartment Real Estate Invt Trust has a 52 week low of C$12.81 and a 52 week high of C$17.89. The business has a 50-day simple moving average of C$16.31 and a 200 day simple moving average of C$15.61. The company has a debt-to-equity ratio of 101.09, a quick ratio of 0.04 and a current ratio of 1.11. The stock has a market capitalization of C$626.74 million, a P/E ratio of -17.13 and a beta of 1.22.
About Minto Apartment Real Estate Invt Trust
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Get Free ReportMinto 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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