Automotive Properties Real Est Invt TR (TSE:APR.UN) PT Set at C$13.00 by National Bankshares

Automotive Properties Real Est Invt TR (TSE:APR.UN) received a C$13.00 target price from investment analysts at National Bankshares in a report released on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 18.07% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Scotiabank increased their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research report on Wednesday, November 20th. Canaccord Genuity Group raised their price target on shares of Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the company a “buy” rating in a research report on Monday, September 16th. TD Securities upped their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the stock a “hold” rating in a research report on Friday, November 15th. Raymond James increased their price objective on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research note on Friday, September 6th. Finally, BMO Capital Markets boosted their target price on Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a research note on Monday, October 28th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$12.95.

Automotive Properties Real Est Invt TR Stock Performance

TSE:APR.UN opened at C$11.01 on Friday. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. The company has a fifty day moving average of C$11.80 and a 200-day moving average of C$11.19. The firm has a market capitalization of C$540.04 million, a P/E ratio of 7.24 and a beta of 0.92. Automotive Properties Real Est Invt TR has a twelve month low of C$9.69 and a twelve month high of C$12.78.

About Automotive Properties Real Est Invt TR

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.