Automotive Properties Real Est Invt TR (TSE:APR.UN) PT increased to $12.00

Automotive Properties Real Est Invt TR (TSE:APR.UN – Get Free Report) had its price objective raised by equities researchers at TD Securities from $11.00 to $12.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price target indicates a potential upside of 1.69% from the stock’s current price.

Several other brokerages also weighed in on APR.UN. BMO Capital Markets upped their target price on Automotive Properties Real Est Invt TR from $11.50 to $12.00 in a research report on Monday, August 19th. Canaccord Genuity Group boosted their price objective on Automotive Properties Real Est Invt TR from $11.50 to $12.50 and gave the stock a “buy” rating in a report on Tuesday, July 30th. Finally, Royal Bank of Canada raised their target price on shares of Automotive Properties Real Est Invt TR from $11.50 to $12.50 in a research note on Monday, August 19th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Automotive Properties Real Est Invt TR presently has an average rating of “Moderate Buy” and a consensus price target of $12.43, according to MarketBeat .

Get the latest Real Est Invt TR Auto Properties research report

Automotive Properties Real Est Invt TR Price Performance

APR.UN opened at $11.80 on Wednesday. The firm has a market cap of $578.79 million, a P/E ratio of 7.76 and a beta of 0.91. The stock has a fifty day moving average of $10.48 and a 200 day moving average of $10.25. 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 12-month low of $9.69 and a 12-month high of $11.83.

Company Profile Automotive Properties Real Est Invt TR

(Get a free report)

Automotive Properties REIT is an unincorporated open-end real estate investment trust focused on holding 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 the metropolitan markets of Ontario, Saskatchewan, Alberta, British Columbia and Québec.

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