Analysts Set Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target at C$12.94

Automotive Properties Real Est Invt TR (TSE:APR.UN) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$12.95.

Several equities analysts have commented on the company. Raymond James raised their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research report on Friday, September 6th. Scotiabank lifted their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research report on Wednesday, November 20th. TD Securities boosted their price objective on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. National Bankshares set a C$13.00 target price on shares of Automotive Properties Real Est Invt TR and gave the company an “outperform” rating in a research note on Friday, December 20th. Finally, CIBC boosted their price target on Automotive Properties Real Est Invt TR from C$12.75 to C$13.00 in a research report on Friday, November 15th.

Automotive Properties Real Est Invt TR Trading Down 0.1 %

APR.UN opened at C$10.98 on Friday. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. Automotive Properties Real Est Invt TR has a 52 week low of C$9.69 and a 52 week high of C$12.78. The stock has a market cap of C$538.57 million, a PE ratio of 7.22 and a beta of 0.92. The business has a 50 day moving average of C$11.77 and a 200-day moving average of C$11.20.

Automotive Properties Real Est Invt TR Company Profile

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.