Automotive Properties Real Est Invt TR (TSE:APR.UN) Given New C$13.00 Price Target at Raymond James Financial

Automotive Properties Real Est Invt TR (TSE:APR.UN) had its price objective increased by Raymond James Financial from C$12.50 to C$13.00 in a report released on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Royal Bank Of Canada raised Automotive Properties Real Est Invt TR from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$12.50 to C$13.00 in a research report on Friday. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$12.69.

Automotive Properties Real Est Invt TR Stock Performance

TSE:APR.UN traded down C$0.11 during midday trading on Friday, reaching C$11.63. The stock had a trading volume of 49,999 shares, compared to its average volume of 42,741. The stock has a market capitalization of C$631.03 million, a P/E ratio of 13.70 and a beta of 0.73. Automotive Properties Real Est Invt TR has a 1-year low of C$9.04 and a 1-year high of C$11.91. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02. The firm’s fifty day simple moving average is C$11.36 and its 200-day simple moving average is C$11.24.

Key Stories Impacting Automotive Properties Real Est Invt TR

Here are the key news stories impacting Automotive Properties Real Est Invt TR this week:

• Positive Sentiment: Canaccord Genuity raised its price target to C$13.50 and assigned a “buy” rating, implying roughly a 15.8% upside from the referenced price. BayStreet.CA
• Positive Sentiment: Raymond James increased its target to C$13.00 and moved to an “outperform” rating, representing about an 11.5% upside. BayStreet.CA
• Positive Sentiment: Royal Bank of Canada upgraded APR.UN from “sector perform” to “outperform” and bumped its target to C$13.00 (from C$12.50), signaling similar upside potential. BayStreet.CA
• Positive Sentiment: BMO Capital Markets raised its target to C$12.50 and kept a “market perform” rating — a smaller but still positive revision (~7.2% implied upside). BayStreet.CA
• Negative Sentiment: Counterweight risk — APR.UN carries relatively high leverage (debt-to-equity ~78.6) and a very low quick ratio, which could constrain investor enthusiasm and limit how far valuation expands despite the analyst momentum.

Automotive Properties Real Est Invt TR Company Profile

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT’s asset portfolio to maximize Unitholder value.