Automotive Properties Real Est Invt TR (TSE:APR.UN) Stock Price Up 1.5%

Automotive Properties Real Est Invt TR (TSE:APR.UNGet Free Report)’s share price was up 1.5% on Monday . The stock traded as high as C$10.47 and last traded at C$10.44. Approximately 12,412 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 22,163 shares. The stock had previously closed at C$10.29.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on APR.UN shares. Laurentian raised shares of Automotive Properties Real Est Invt TR from a “hold” rating to a “buy” rating and set a C$12.50 price objective on the stock in a research note on Monday, January 22nd. Royal Bank of Canada cut their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$12.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 15th. Raymond James cut their target price on shares of Automotive Properties Real Est Invt TR from C$13.25 to C$12.75 in a research note on Wednesday, October 25th. Finally, BMO Capital Markets cut their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$11.50 and set a “market perform” rating on the stock in a research note on Friday, November 17th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Automotive Properties Real Est Invt TR presently has an average rating of “Hold” and a consensus price target of C$12.38.

Read Our Latest Report on APR.UN

Automotive Properties Real Est Invt TR Stock Performance

The company’s fifty day moving average price is C$10.75 and its 200 day moving average price is C$10.65. The company has a debt-to-equity ratio of 112.79, a current ratio of 2.10 and a quick ratio of 0.02. The company has a market cap of C$414.78 million, a PE ratio of 5.19 and a beta of 0.88.

Automotive Properties Real Est Invt TR Company Profile

(Get Free Report)

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

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