Canadian Apartment Properties REIT (TSE:CAR.UN)‘s stock had its “buy” rating reiterated by investment analysts at TD Securities in a report released on Wednesday. They currently have a C$36.00 price objective on the stock.

A number of other research analysts also recently weighed in on CAR.UN. Scotiabank reaffirmed a “sector perform” rating and set a C$33.00 price target on shares of Canadian Apartment Properties REIT in a research note on Wednesday, August 10th. Desjardins reaffirmed a “hold” rating and set a C$33.50 price target on shares of Canadian Apartment Properties REIT in a research note on Wednesday. BMO Capital Markets downgraded Canadian Apartment Properties REIT from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 11th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$33.00 price target on shares of Canadian Apartment Properties REIT in a research note on Wednesday. Finally, Raymond James Financial Inc. raised Canadian Apartment Properties REIT from a “market perform” rating to an “outperform” rating and set a C$32.00 price target on the stock in a research note on Monday, September 19th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Canadian Apartment Properties REIT currently has an average rating of “Buy” and a consensus target price of C$33.00.

Analyst Recommendations for Canadian Apartment Properties REIT (TSE:CAR.UN)

About Canadian Apartment Properties REIT

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a Canada-based open-ended real estate investment trust. CAPREIT’s investment objectives are to provide unitholders with long-term, monthly cash distributions; grow normalized funds from operations (NFFO), distributions and Unit value through the management of its properties, acquisitions and financial management, and reinvest capital within the property portfolio.

Receive News & Stock Ratings for Canadian Apartment Properties REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Apartment Properties REIT and related stocks with our FREE daily email newsletter.