Analysts Set Allied Properties Real Estate Investment Trust (TSE:AP.UN) Price Target at C$19.59

Shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN) have earned a consensus recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$19.68.

Separately, Raymond James lowered their price target on Allied Properties Real Estate Investment Trust from C$20.00 to C$19.00 in a report on Monday, January 13th.

Allied Properties Real Estate Investment Trust Trading Down 0.9 %

AP.UN opened at C$16.63 on Friday. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45. Allied Properties Real Estate Investment Trust has a one year low of C$15.13 and a one year high of C$20.74. The company has a market cap of C$2.13 billion, a P/E ratio of -4.51 and a beta of 1.26. The business’s 50-day simple moving average is C$17.09 and its 200-day simple moving average is C$17.96.

About Allied Properties Real Estate Investment Trust

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.