Automotive Properties Real Est Invt TR (TSE:APR.UN) Stock Has Consensus Price Target of C$12.88 According to Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$13.10.

Separately, Royal Bank Of Canada lifted their target price on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company an “outperform” rating in a research report on Tuesday, August 18th.

Automotive Properties Real Est Invt TR Price Performance

Shares of TSE:APR.UN opened at C$12.29 on Friday. The company has a 50-day moving average price of C$11.89 and a two-hundred day moving average price of C$11.93. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. Automotive Properties Real Est Invt TR has a twelve month low of C$10.68 and a twelve month high of C$12.59. The firm has a market capitalization of C$678.32 million, a PE ratio of 10.94 and a beta of 0.74.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last posted its earnings results on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. The business had revenue of C$30.21 million during the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%. Equities analysts forecast that Automotive Properties Real Est Invt TR will post 1.01 EPS for the current year.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.