Automotive Properties Real Est Invt TR (TSE:APR.UN – Free Report) had its price objective lifted by Canaccord Genuity Group from C$12.60 to C$13.50 in a research report sent to investors on Monday, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.
Other research analysts have also issued research reports about the company. Raymond James boosted their price target on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a research report on Friday, September 6th. Royal Bank of Canada boosted their target price on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.50 in a report on Monday, August 19th. BMO Capital Markets upped their price target on shares of Automotive Properties Real Est Invt TR from C$11.50 to C$12.00 in a research report on Monday, August 19th. Finally, TD Securities lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$11.00 to C$12.00 and gave the company a hold rating in a research report on Wednesday, September 4th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of C$12.71.
Read Our Latest Research Report on Automotive Properties Real Est Invt TR
Automotive Properties Real Est Invt TR Price 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.
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