Northview Apartment REIT (TSE:NVU.UN) Receives “Average” Rating from Echelon Wealth Partners

Echelon Wealth Partners restated their average rating on shares of Northview Apartment REIT (TSE:NVU.UN) in a research note published on Sunday morning, AnalystRatings.com reports. The brokerage currently has a C$29.00 target price on the stock.

Separately, National Bank Financial reissued an outperform rating and issued a C$30.00 price objective on shares of Northview Apartment REIT in a research note on Tuesday, June 11th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of C$29.50.

Shares of Northview Apartment REIT stock traded up C$0.56 on Friday, hitting C$27.99. The company had a trading volume of 134,205 shares, compared to its average volume of 134,692. The firm has a market capitalization of $1.55 billion and a PE ratio of 6.25. Northview Apartment REIT has a 1 year low of C$23.93 and a 1 year high of C$29.51. The stock’s 50 day simple moving average is C$27.19. The company has a debt-to-equity ratio of 139.85, a current ratio of 0.15 and a quick ratio of 0.06.

About Northview Apartment REIT

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.

Featured Article: How is a management fee different from a performance fee?

Analyst Recommendations for Northview Apartment REIT (TSE:NVU.UN)

Receive News & Ratings for Northview Apartment REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northview Apartment REIT and related companies with MarketBeat.com's FREE daily email newsletter.