Automotive Properties Real Est Invt TR (TSE:APR.UN) Given New C$12.75 Price Target at Raymond James

Automotive Properties Real Est Invt TR (TSE:APR.UN) had its price objective cut by Raymond James from C$13.75 to C$12.75 in a research report report published on Monday,BayStreet.CA reports.

Other research analysts have also issued research reports about the stock. Scotiabank upped their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research note on Wednesday, November 20th. National Bankshares set a C$13.00 target price on Automotive Properties Real Est Invt TR and gave the company an “outperform” rating in a research report on Friday, December 20th. Canaccord Genuity Group increased their target price on Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, September 16th. TD Securities boosted their price target on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Finally, CIBC increased their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$13.00 in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$12.93.

Automotive Properties Real Est Invt TR Trading Up 1.8 %

APR.UN stock opened at C$10.66 on Monday. Automotive Properties Real Est Invt TR has a one year low of C$9.69 and a one year high of C$12.78. The stock has a market cap of C$522.87 million, a price-to-earnings ratio of 7.01 and a beta of 0.92. The company has a fifty day moving average price of C$11.29 and a two-hundred day moving average price of C$11.30. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02.

Automotive Properties Real Est Invt TR Company Profile

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.