Allied Properties Real Estate Investment Trust (AP.UN) – Research Analysts’ Weekly Ratings Updates

Allied Properties Real Estate Investment Trust (TSE: AP.UN) recently received a number of ratings updates from brokerages and research firms:

• 11/1/2024 – Allied Properties Real Estate Investment Trust had its price target raised by analysts at Royal Bank of Canada from C$18.00 to C$19.00. They now have a “sector perform” rating on the stock.
• 11/1/2024 – Allied Properties Real Estate Investment Trust had its price target lowered by analysts at National Bankshares, Inc. from C$20.00 to C$19.50. They now have a “sector perform” rating on the stock.
• 11/1/2024 – Allied Properties Real Estate Investment Trust had its price target lowered by analysts at Scotiabank from C$22.00 to C$21.75. They now have an “outperform” rating on the stock.
• 11/1/2024 – Allied Properties Real Estate Investment Trust had its price target lowered by analysts at Raymond James from C$21.00 to C$20.00. They now have a “market perform” rating on the stock.
• 11/1/2024 – Allied Properties Real Estate Investment Trust had its price target lowered by analysts at Desjardins from C$21.00 to C$20.00. They now have a “hold” rating on the stock.
• 10/23/2024 – Allied Properties Real Estate Investment Trust had its price target raised by analysts at Scotiabank from C$21.00 to C$22.00. They now have an “outperform” rating on the stock.
• 10/9/2024 – Allied Properties Real Estate Investment Trust had its price target raised by analysts at National Bankshares, Inc. from C$18.00 to C$20.00.
• 9/23/2024 – Allied Properties Real Estate Investment Trust had its price target raised by analysts at Canaccord Genuity Group Inc. from C$17.50 to C$18.50. They now have a “hold” rating on the stock.

Allied Properties Real Estate Investment Trust Price Performance

Shares of TSE:AP.UN opened at C$18.06 on Wednesday. The firm has a market capitalization of C$2.31 billion, a PE ratio of -4.89 and a beta of 1.26. The company has a quick ratio of 0.12, a current ratio of 0.45 and a debt-to-equity ratio of 71.71. The company has a 50-day moving average price of C$19.06 and a two-hundred day moving average price of C$17.56. Allied Properties Real Estate Investment Trust has a twelve month low of C$15.13 and a twelve month high of C$21.35.

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.