Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Receives C$19.52 Average Target Price from Analysts

Shares of Minto Apartment Real Estate Invt Trust (TSE:MI.UNGet Free Report) have earned an average recommendation of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$19.52.

Several research firms have issued reports on MI.UN. National Bankshares lifted their target price on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a research note on Wednesday, October 9th. CIBC cut their target price on Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a research note on Thursday, November 14th. Raymond James cut their target price on Minto Apartment Real Estate Invt Trust from C$19.00 to C$17.25 in a research note on Monday, January 13th. Scotiabank cut their target price on Minto Apartment Real Estate Invt Trust from C$18.75 to C$17.75 in a research note on Thursday, November 14th. Finally, BMO Capital Markets cut their target price on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.00 in a research note on Thursday, November 14th.

Get Our Latest Stock Report on Minto Apartment Real Estate Invt Trust

Minto Apartment Real Estate Invt Trust Stock Performance

Shares of Minto Apartment Real Estate Invt Trust stock opened at C$12.95 on Friday. The firm has a market cap of C$516.96 million, a P/E ratio of -14.55 and a beta of 1.23. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09. Minto Apartment Real Estate Invt Trust has a 12 month low of C$12.80 and a 12 month high of C$17.89. The stock’s fifty day moving average price is C$13.69 and its 200-day moving average price is C$15.09.

Minto Apartment Real Estate Invt Trust Company Profile

(Get Free Report

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton.

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Analyst Recommendations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN)

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