Automotive Properties Real Est Invt TR (TSE:APR.UN – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$10.43 and traded as low as C$10.05. Automotive Properties Real Est Invt TR shares last traded at C$10.06, with a volume of 33,336 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Canaccord Genuity Group dropped their price target on shares of Automotive Properties Real Est Invt TR from C$13.50 to C$13.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Raymond James dropped their target price on Automotive Properties Real Est Invt TR from C$12.75 to C$12.25 and set an “outperform” rating on the stock in a research report on Friday, March 7th. Desjardins cut their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Scotiabank boosted their price target on Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research note on Wednesday, November 20th. Finally, National Bankshares dropped their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$12.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$12.61.
Check Out Our Latest Stock Report on APR.UN
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.
Further Reading
- Five stocks we like better than Automotive Properties Real Est Invt TR
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Low PE Growth Stocks: Unlocking Investment Opportunities
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- Energy and Oil Stocks Explained
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
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.