Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) had its price objective boosted by equities researchers at National Bankshares from C$18.50 to C$18.75 in a research note issued to investors on Wednesday, BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 20.89% from the stock’s current price.
A number of other research analysts have also weighed in on the stock. Raymond James cut their target price on shares of Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a report on Thursday, August 15th. Royal Bank of Canada dropped their price objective on shares of Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a research note on Thursday, August 15th. Finally, TD Securities upped their target price on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a research report on Thursday, August 15th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$20.02.
Check Out Our Latest Stock Analysis on Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust Price Performance
Minto Apartment Real Estate Invt Trust Company Profile
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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