Killam Apartment REIT (OTCMKTS:KMMPF) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Killam Apartment REIT (OTCMKTS:KMMPF) have earned a consensus rating of “Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating.

Separately, Raymond James Financial lowered shares of Killam Apartment REIT from a “strong-buy” rating to an “outperform” rating in a research note on Friday, October 17th.

Killam Apartment REIT Price Performance

Shares of KMMPF opened at $11.99 on Wednesday. The company’s 50-day moving average is $11.91 and its 200-day moving average is $12.82. Killam Apartment REIT has a fifty-two week low of $11.02 and a fifty-two week high of $14.48.

Killam Apartment REIT Company Profile

Killam Apartment REIT (OTCMKTS: KMMPF) is a Canadian real estate investment trust that acquires, owns and manages a diversified portfolio of residential rental properties. Listed on the Toronto Stock Exchange under the symbol KMP.UN and trading in the United States on the OTC Market, the trust focuses on the long-term ownership of multi-unit residential assets. Its business model combines property management expertise with a disciplined approach to acquisitions and development, aiming to deliver stable rental income and capital growth.

The REIT’s portfolio spans Atlantic Canada, Ontario, Alberta and British Columbia, with a concentration of properties in Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island.