BMO Capital Markets reaffirmed their outperform rating on shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) in a research note published on Wednesday, March 27th, BayStreet.CA reports. They currently have a C$11.00 price objective on the stock.
A number of other equities analysts have also weighed in on the company. Raymond James upped their target price on Automotive Properties Real Est Invt TR from C$10.00 to C$11.50 and gave the stock an outperform rating in a research note on Tuesday, March 26th. Royal Bank of Canada upped their target price on Automotive Properties Real Est Invt TR from C$11.00 to C$11.25 and gave the stock a sector perform rating in a research note on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Automotive Properties Real Est Invt TR presently has a consensus rating of Buy and an average price target of C$11.33.
Shares of TSE APR.UN traded up C$0.08 during trading on Wednesday, reaching C$10.73. 57,259 shares of the stock traded hands, compared to its average volume of 25,437. Automotive Properties Real Est Invt TR has a 52-week low of C$9.87 and a 52-week high of C$11.65.
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.
Featured Article: How to trade on quiet period expirations
Receive News & Ratings for Automotive Properties Real Est Invt TR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Automotive Properties Real Est Invt TR and related companies with MarketBeat.com's FREE daily email newsletter.