Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Consensus Rating of “Hold” by Brokerages

Automotive Properties Real Est Invt TR (TSE:APR.UN – Get Rating) has been given an average rating of “Hold” by the nine market research firms covering the company, reports Marketbeat.com. Four analysts have rated the stock with a hold rating and one has rated the company with a buy rating. The average 1-year target price among brokers who have updated their coverage of the stock over the past year is CAD$13.94.

Several research analysts recently rated the company. National Bankshares increased its target price on Automotive Properties Real Est Invt TR to $13.50 from $13.00 and gave the stock a “Sector Perform” rating in a research note on Thursday, August 18. TD Securities lowered Automotive Properties Real Est Invt TR from a “buy” rating to a “hold” rating and set a price target of $14.50 for the company. in a report on Wednesday, August 17. CIBC lowered its target price on Automotive Properties Real Est Invt TR from C$15.00 to C$14.25 in a report on Monday, June 27. BMO Capital Markets lowered Automotive Properties Real Est Invt TR to a market perform rating from an outperform rating and lowered its price target on the company from C$14.85 in a research note on Monday, July 4 to C$13.50. Finally, Raymond James lowered his target price on Automotive Properties Real Est Invt TR to $14.75 from $15.25 and gave the stock an Outperform rating in a research note on Wednesday, August 17th.

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Automotive Properties Real Est Invt TR price history

Automotive Properties Real Est Invt TR shares opened at CAD$13.25 on Friday. The stock has a market cap of $526.08 million and a price-to-earnings ratio of 5.12. The company has a debt to equity ratio of 112.98, a quick ratio of 0.01 and a current ratio of 1.12. The stock has a 50-day moving average price of $13.26 and a 200-day moving average price of $13.53. Automotive Properties Real Est Invt TR has a yearly low of $12.19 and a yearly high of $15.09.

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Automotive Properties Real Est Invt TR Company Profile

(received rating)

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-generating auto dealership properties in Canada. The REIT’s portfolio currently consists of 54 high-yield commercial properties and one development property with approximately 2 million square feet of GLA in metro areas in Ontario, Saskatchewan, Alberta, British Columbia and Quebec.

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Automotive Real Estate Analyst Recommendations Real Est Invt TR (TSE:APR.UN)

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