Automotive Properties Real Est Invt TR (TSE:APR.UN – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$12.61 and last traded at C$12.58, with a volume of 30101 shares trading hands. The stock had previously closed at C$12.44.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on APR.UN shares. BMO Capital Markets increased their price objective on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.00 in a research note on Monday, August 19th. TD Securities raised their price target on shares of Automotive Properties Real Est Invt TR from C$11.00 to C$12.00 and gave the stock a “hold” rating in a research note on Wednesday, September 4th. Raymond James raised their price target on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research note on Friday, September 6th. Royal Bank of Canada raised their price target on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.50 in a research note on Monday, August 19th. Finally, Canaccord Genuity Group raised their price target on shares of Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, September 16th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.71.
Check Out Our Latest Analysis on Automotive Properties Real Est Invt TR
Automotive Properties Real Est Invt TR Stock Performance
Automotive Properties Real Est Invt TR Company Profile
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.
Featured Stories
- Five stocks we like better than Automotive Properties Real Est Invt TR
- How to Invest in Insurance Companies: A Guide
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- Dividend Payout Ratio Calculator
- AMD Gains Momentum With AI: Can It Beat Expectations?
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for Automotive Properties Real Est Invt TR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Automotive Properties Real Est Invt TR and related companies with MarketBeat.com's FREE daily email newsletter.