Allied Properties Real Estate Investment Trust (TSE:AP.UN – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$19.58.
Several brokerages have recently issued reports on AP.UN. Raymond James reduced their price objective on Allied Properties Real Estate Investment Trust from C$19.25 to C$19.00 and set a “market perform” rating on the stock in a research note on Thursday, May 2nd. National Bankshares cut their price target on Allied Properties Real Estate Investment Trust from C$18.50 to C$18.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 1st. TD Securities cut their price target on Allied Properties Real Estate Investment Trust from C$21.00 to C$20.00 in a research note on Wednesday, April 24th. Royal Bank of Canada dropped their price objective on Allied Properties Real Estate Investment Trust from C$20.00 to C$19.00 and set an “outperform” rating on the stock in a report on Friday, May 3rd. Finally, Canaccord Genuity Group dropped their price objective on Allied Properties Real Estate Investment Trust from C$20.25 to C$18.75 and set a “buy” rating on the stock in a report on Thursday, May 2nd.
Check Out Our Latest Analysis on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Price Performance
About Allied Properties Real Estate Investment Trust
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.
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