Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Free Report) had its price target cut by Royal Bank of Canada from C$22.00 to C$21.50 in a report released on Thursday, BayStreet.CA reports.
A number of other equities research analysts also recently issued reports on the company. National Bankshares lowered their price objective on Minto Apartment Real Estate Invt Trust from C$20.00 to C$18.75 and set an outperform rating on the stock in a research report on Wednesday, April 24th. Raymond James decreased their target price on Minto Apartment Real Estate Invt Trust from C$21.25 to C$20.25 and set an outperform rating on the stock in a research note on Wednesday, April 24th. Finally, TD Securities lifted their price target on Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a research report on Thursday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Minto Apartment Real Estate Invt Trust currently has an average rating of Moderate Buy and a consensus price target of C$20.02.
Check Out Our Latest Analysis on MI.UN
Minto Apartment Real Estate Invt Trust Stock Performance
Minto Apartment Real Estate Invt Trust Company Profile
Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Ottawa, Calgary and Edmonton.
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