Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have been given an average rating of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$12.53.

APR.UN has been the topic of several research analyst reports. Desjardins lowered their price target on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Friday, March 7th. TD Securities dropped their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$12.00 and set a “hold” rating for the company in a report on Friday, March 7th. National Bankshares decreased their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$12.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Raymond James dropped their target price on Automotive Properties Real Est Invt TR from C$12.75 to C$12.25 and set an “outperform” rating for the company in a report on Friday, March 7th. Finally, CIBC decreased their price target on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set an “outperform” rating on the stock in a research note on Friday, March 7th.

Automotive Properties Real Est Invt TR Price Performance

Shares of APR.UN opened at C$10.33 on Monday. The company’s 50-day moving average is C$10.38 and its 200-day moving average is C$11.24. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02. The firm has a market capitalization of C$506.69 million, a PE ratio of 6.80 and a beta of 0.92. Automotive Properties Real Est Invt TR has a fifty-two week low of C$9.69 and a fifty-two week high of C$12.78.

About Automotive Properties Real Est Invt TR

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.