Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UNGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$12.93.

A number of equities analysts have weighed in on the company. BMO Capital Markets boosted their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a research note on Monday, October 28th. Scotiabank raised their price objective 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. Raymond James decreased their target price on shares of Automotive Properties Real Est Invt TR from C$13.75 to C$12.75 in a report on Monday, January 13th. TD Securities raised their price target 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 report on Friday, November 15th. Finally, National Bankshares set a C$13.00 price objective on Automotive Properties Real Est Invt TR and gave the company an “outperform” rating in a report on Friday, December 20th.

View Our Latest Stock Report on Automotive Properties Real Est Invt TR

Automotive Properties Real Est Invt TR Price Performance

TSE APR.UN opened at C$10.53 on Tuesday. The business has a fifty day moving average price of C$11.18 and a 200 day moving average price of C$11.32. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The company has a market cap of C$516.50 million, a P/E ratio of 6.93 and a beta of 0.92. Automotive Properties Real Est Invt TR has a one year low of C$9.69 and a one year high of C$12.78.

About Automotive Properties Real Est Invt TR

(Get Free Report

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.

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Analyst Recommendations for Automotive Properties Real Est Invt TR (TSE:APR.UN)

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