Allied Properties Real Estate Investment Trust (TSE:AP.UN) Stock Gets Price Target Cut from Raymond James Financial

Posted by Stanley Muller on Nov 2nd, 2026

Allied Properties Real Estate Investment Trust (TSE:AP.UN – Free Report) had its price target decreased by Raymond James Financial from C$7.50 to C$5.00 in a research note issued to investors on Friday,BayStreet reports. Raymond James Financial currently has a market perform rating on the real estate investment trust’s stock.

Several other research firms have also recently commented on AP.UN. Scotia reduced their target price on Allied Properties Real Estate Investment Trust from C$9.00 to C$5.50 and set a “sector perform” rating for the company in a research note on Friday. TD reduced their target price on shares of Allied Properties Real Estate Investment Trust from C$6.50 to C$4.75 and set a “hold” rating on the stock in a research note on Friday. One analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Allied Properties Real Estate Investment Trust currently has a consensus rating of “Hold” and a consensus price target of C$8.08.

View Our Latest Stock Report on Allied Properties Real Estate Investment Trust

Allied Properties Real Estate Investment Trust Stock Performance

AP.UN stock opened at C$4.03 on Friday. The company has a quick ratio of 0.12, a current ratio of 0.45 and a debt-to-equity ratio of 71.71. The firm has a market cap of C$788.93 million, a price-to-earnings ratio of -0.34 and a beta of 0.96. Allied Properties Real Estate Investment Trust has a twelve month low of C$3.62 and a twelve month high of C$14.80. The business’s fifty day simple moving average is C$7.09 and its two-hundred day simple moving average is C$9.56.

Allied Properties Real Estate Investment Trust (TSE:AP.UN – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The real estate investment trust reported C$0.13 earnings per share (EPS) for the quarter. Allied Properties Real Estate Investment Trust had a negative net margin of 89.93% and a negative return on equity of 8.01%. The firm had revenue of C$138.12 million for the quarter. Analysts predict that Allied Properties Real Estate Investment Trust will post 1.84 earnings per share for the current year.

Key Allied Properties Real Estate Investment Trust News

Here are the key news stories impacting Allied Properties Real Estate Investment Trust this week:

Positive Sentiment: National Bank Financial upgraded Allied Properties from “sector perform” to “outperform,” citing potential upside to a C$5.25 target. However, the target was reduced from C$5.50. National Bank Financial analyst rating
Neutral Sentiment: The REIT reported quarterly revenue of C$138.12 million and earnings per share of C$0.13. While the results provide ongoing operating visibility, Allied posted a negative 8.01% return on equity and a negative 89.93% net margin, highlighting significant profitability challenges. Allied Properties quarterly earnings
Negative Sentiment: Raymond James cut its price target from C$7.50 to C$5.00 and assigned a “market perform” rating, signaling more limited near-term upside expectations. Raymond James analyst rating
Negative Sentiment: TD reduced its target from C$6.50 to C$4.75 and maintained a “hold” rating. TD analyst rating
Negative Sentiment: Desjardins lowered its target from C$9.75 to C$5.00 and kept a “hold” rating, while Scotia cut its target from C$9.00 to C$5.50 and maintained “sector perform.” The coordinated reductions suggest analysts are reassessing Allied’s earnings outlook and real-estate valuation. Desjardins analyst rating

About Allied Properties Real Estate Investment Trust

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Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.