Shares of Northview Apartment REIT (TSE:NVU.UN) have been given a consensus rating of “Hold” by the nine research firms that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$29.56.

A number of brokerages have recently weighed in on NVU.UN. National Bank Financial reiterated an “outperform” rating and set a C$30.00 target price on shares of Northview Apartment REIT in a research note on Tuesday, June 11th. Echelon Wealth Partners reiterated an “average” rating and set a C$29.00 target price on shares of Northview Apartment REIT in a research note on Sunday. Finally, Laurentian lowered their target price on Northview Apartment REIT from C$28.50 to C$28.00 in a research note on Monday.

TSE:NVU.UN opened at C$28.48 on Friday. The company has a quick ratio of 0.06, a current ratio of 0.15 and a debt-to-equity ratio of 139.85. The company has a 50 day simple moving average of C$27.23. The company has a market capitalization of $1.61 billion and a price-to-earnings ratio of 6.36. Northview Apartment REIT has a 12-month low of C$23.93 and a 12-month high of C$29.51.

Northview Apartment REIT Company Profile

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.

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Analyst Recommendations for Northview Apartment REIT (TSE:NVU.UN)

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