Allied Properties Real Estate Investment Trust (TSE:AP.UN) Cut to “Sell” at Desjardins

Posted by Renee Jackson on Sep 18th, 2025

Desjardins cut shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN – Free Report) from a hold rating to a sell rating in a report released on Monday morning,BayStreet.CA reports. The brokerage currently has C$18.00 price target on the real estate investment trust’s stock.

AP.UN has been the subject of a number of other research reports. Royal Bank Of Canada upped their price objective on shares of Allied Properties Real Estate Investment Trust from C$17.00 to C$18.00 and gave the company a “sector perform” rating in a research note on Friday, August 1st. National Bankshares dropped their target price on shares of Allied Properties Real Estate Investment Trust from C$16.25 to C$16.00 and set a “sector perform” rating for the company in a research report on Thursday, July 31st. Finally, TD Securities increased their target price on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$20.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Allied Properties Real Estate Investment Trust currently has an average rating of “Hold” and a consensus price target of C$17.64.

Read Our Latest Analysis on Allied Properties Real Estate Investment Trust

Allied Properties Real Estate Investment Trust Trading Down 1.7%

TSE AP.UN opened at C$20.48 on Monday. Allied Properties Real Estate Investment Trust has a 12 month low of C$13.44 and a 12 month high of C$21.00. The company has a 50-day moving average of C$18.36 and a 200-day moving average of C$16.86. The company has a debt-to-equity ratio of 71.71, a current ratio of 0.45 and a quick ratio of 0.12. The company has a market cap of C$2.86 billion, a P/E ratio of -5.16 and a beta of 1.50.

About Allied Properties Real Estate Investment Trust

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Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada’s major cities. Most of the total square footage in the company’s real estate portfolio is located in Toronto and Montreal.