Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF – Get Free Report) shares rose 2.1% on Wednesday . The company traded as high as $7.23 and last traded at $7.23. Approximately 18,589 shares traded hands during trading, a decline of 75% from the average daily volume of 73,583 shares. The stock had previously closed at $7.08.
Wall Street Analysts Forecast Growth
APYRF has been the topic of a number of recent analyst reports. TD Securities reiterated a “hold” rating on shares of Allied Properties Real Estate Investment Trust in a report on Thursday, February 19th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Allied Properties Real Estate Investment Trust in a report on Thursday, April 16th. Finally, Desjardins reiterated a “hold” rating on shares of Allied Properties Real Estate Investment Trust in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Allied Properties Real Estate Investment Trust has a consensus rating of “Hold”.
View Our Latest Stock Report on APYRF
Allied Properties Real Estate Investment Trust Price Performance
About Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust is a Canada-based real estate investment trust that owns, develops and manages urban office environments in key metropolitan markets. Established in 2003, the trust focuses on acquiring and revitalizing centrally located office buildings, with an emphasis on preserving historic and architecturally significant properties. Allied Properties REIT is listed on the Toronto Stock Exchange and its units trade in the United States on the OTC Markets under the symbol APYRF.
The company’s portfolio comprises primarily low-rise and mid-rise office buildings situated in major urban business districts, including Toronto’s downtown core and select properties in Montréal, Ottawa and Vancouver.
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