Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

Posted by Donna Armstrong on Feb 13th, 2025

Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$19.68.

Several analysts have recently weighed in on the company. BMO Capital Markets reduced their price target on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.00 in a report on Thursday, November 14th. CIBC reduced their target price on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a report on Thursday, November 14th. Raymond James dropped their price target on shares of Minto Apartment Real Estate Invt Trust from C$19.00 to C$17.25 in a research note on Monday, January 13th. Finally, Scotiabank reduced their price objective on shares of Minto Apartment Real Estate Invt Trust from C$18.75 to C$17.75 in a research note on Thursday, November 14th.

Check Out Our Latest Analysis on Minto Apartment Real Estate Invt Trust

Minto Apartment Real Estate Invt Trust Trading Down 0.6 %

TSE MI.UN opened at C$13.23 on Thursday. The company has a market cap of C$528.14 million, a price-to-earnings ratio of -14.87 and a beta of 1.23. Minto Apartment Real Estate Invt Trust has a twelve month low of C$12.65 and a twelve month high of C$17.89. The company has a quick ratio of 0.04, a current ratio of 1.11 and a debt-to-equity ratio of 101.09. The business’s fifty day moving average is C$13.31 and its 200 day moving average is C$14.81.

About Minto Apartment Real Estate Invt Trust

(Get Free Report

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary.