Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have earned an average rating of “Buy” from the eight research firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$12.00.

APR.UN has been the subject of several recent analyst reports. Raymond James Financial reaffirmed a “market perform” rating on shares of Automotive Properties Real Est Invt TR in a research note on Tuesday, January 30th. National Bank Financial upped their price objective on shares of Automotive Properties Real Est Invt TR from C$11.75 to C$12.00 in a research note on Monday, November 13th. Scotiabank set a C$12.50 price objective on shares of Automotive Properties Real Est Invt TR and gave the company an “outperform” rating in a research note on Friday, November 3rd. Canaccord Genuity reaffirmed a “buy” rating and set a C$11.50 price objective on shares of Automotive Properties Real Est Invt TR in a research note on Monday, November 13th. Finally, CIBC upped their price objective on shares of Automotive Properties Real Est Invt TR from C$11.75 to C$12.00 in a research note on Monday, November 13th.

Automotive Properties Real Est Invt TR (TSE:APR.UN) traded down C$0.16 during trading on Friday, reaching C$10.14. 26,900 shares of the company’s stock traded hands, compared to its average volume of 27,975. The company has a market capitalization of $164.92 and a P/E ratio of 6.04. Automotive Properties Real Est Invt TR has a 1-year low of C$10.08 and a 1-year high of C$11.65.

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Automotive Properties Real Est Invt TR Company Profile

Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.

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

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