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 ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$19.98.
A number of equities analysts have recently commented on the stock. Royal Bank of Canada reduced their price objective on shares of Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a report on Thursday, August 15th. BMO Capital Markets cut their price target on shares of Minto Apartment Real Estate Invt Trust from C$19.00 to C$18.50 in a report on Monday, October 28th. TD Securities lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a report on Thursday, August 15th. National Bankshares lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a report on Wednesday, October 9th. Finally, Raymond James cut their price target on shares of Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a report on Thursday, August 15th.
Read Our Latest Stock Analysis on Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust Stock Performance
TSE MI.UN traded up C$0.06 during midday trading on Tuesday, hitting C$14.07. The company had a trading volume of 83,744 shares, compared to its average volume of 89,508. The company has a quick ratio of 0.04, a current ratio of 1.11 and a debt-to-equity ratio of 101.09. The stock has a market cap of C$561.67 million, a price-to-earnings ratio of -15.81 and a beta of 1.23. The firm has a fifty day simple moving average of C$16.08 and a two-hundred day simple moving average of C$15.58. Minto Apartment Real Estate Invt Trust has a fifty-two week low of C$13.58 and a fifty-two week high of C$17.89.
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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