Free Trial

BMO Capital Markets Lowers Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target to C$18.50

Minto Apartment Real Estate Invt Trust logo with Real Estate background

Minto Apartment Real Estate Invt Trust (TSE:MI.UN - Get Free Report) had its price target dropped by analysts at BMO Capital Markets from C$19.00 to C$18.50 in a research note issued on Monday, BayStreet.CA reports. BMO Capital Markets' target price would suggest a potential upside of 23.33% from the company's previous close.

MI.UN has been the subject of several other reports. Raymond James lowered their price target on Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a report on Thursday, August 15th. National Bankshares increased their price target on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a report on Wednesday, October 9th. Royal Bank of Canada lowered their price target on Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a report on Thursday, August 15th. Finally, TD Securities increased their price objective on Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a report on Thursday, August 15th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$19.98.

Check Out Our Latest Stock Analysis on Minto Apartment Real Estate Invt Trust

Minto Apartment Real Estate Invt Trust Trading Up 0.2 %

TSE:MI.UN traded up C$0.03 during mid-day trading on Monday, hitting C$15.00. The company had a trading volume of 32,602 shares, compared to its average volume of 89,246. Minto Apartment Real Estate Invt Trust has a fifty-two week low of C$12.95 and a fifty-two week high of C$17.89. The business's fifty day moving average is C$16.26 and its two-hundred day moving average is C$15.59. 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 firm has a market cap of C$598.80 million, a P/E ratio of -16.85 and a beta of 1.23.

About Minto Apartment Real Estate Invt Trust

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN)

→ Watch this before it gets removed (From Porter & Company) (Ad)

Should you invest $1,000 in Minto Apartment Real Estate Invt Trust right now?

Before you consider Minto Apartment Real Estate Invt Trust, 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 Minto Apartment Real Estate Invt Trust wasn't on the list.

While Minto Apartment Real Estate Invt Trust currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

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

Featured Articles and Offers

Recent Videos

Post-Election Chaos or Opportunity? Prepare Your Investments
Strong Markets Meet Rising Volatility—Are Your Investments Safe?
Analysts Bullish on AI-Powered Healthcare: Intuitive Surgical’s 30% Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines