Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Sector Perform Rating at Royal Bank Of Canada
Royal Bank Of Canada reiterated their sector perform rating on shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) in a report published on Monday, July 24th. They currently have a C$11.50 price target on the stock.
A number of other equities analysts have also recently commented on APR.UN. CIBC raised their target price on Automotive Properties Real Est Invt TR from C$11.25 to C$11.75 in a report on Monday, May 15th. BMO Capital Markets restated an outperform rating and set a C$12.50 target price on shares of Automotive Properties Real Est Invt TR in a report on Friday, July 7th. Finally, National Bank Financial assumed coverage on Automotive Properties Real Est Invt TR in a report on Tuesday, May 9th. They set an outperform rating and a C$11.75 target price for the company. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Automotive Properties Real Est Invt TR has an average rating of Buy and an average target price of C$11.88.
Automotive Properties Real Est Invt TR Company Profile
Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.
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