Automotive Properties Real Est Invt TR (TSE:APR.UN) has been given a consensus rating of “Buy” by the six brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$11.88.

A number of equities research analysts recently weighed in on the company. BMO Capital Markets restated an “outperform” rating and issued a C$12.50 price target on shares of Automotive Properties Real Est Invt TR in a research note on Monday, August 21st. Royal Bank Of Canada restated a “sector perform” rating and issued a C$11.50 price target on shares of Automotive Properties Real Est Invt TR in a research note on Monday, July 24th. Finally, CIBC increased their price target on Automotive Properties Real Est Invt TR from C$11.25 to C$11.75 in a research note on Monday, May 15th.

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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.

Analyst Recommendations for Automotive Properties Real Est Invt TR (TSE:APR.UN)

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