Allied Properties Real Estate Investment Trust (TSE:AP.UN – Get Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$8.71 and last traded at C$8.71, with a volume of 86990 shares. The stock had previously closed at C$8.91.
Wall Street Analysts Forecast Growth
Separately, ATB Cormark Capital Markets set a C$11.00 price target on shares of Allied Properties Real Estate Investment Trust and gave the company a “sector perform” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Allied Properties Real Estate Investment Trust has a consensus rating of “Hold” and a consensus price target of C$12.33.
Check Out Our Latest Stock Analysis on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Trading Down 1.5%
Allied Properties Real Estate Investment Trust (TSE:AP.UN – Get Free Report) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported C($4.05) earnings per share for the quarter. The business had revenue of C$140.51 million for the quarter. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%. On average, research analysts predict that Allied Properties Real Estate Investment Trust will post 1.8404851 EPS for the current year.
Allied Properties Real Estate Investment Trust Company Profile
Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.
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