National Bank Financial restated their outperform rating on shares of Allied Properties Real Estate Investment (TSE:AP.UN) in a research report released on Friday, June 21st, Stock Target Advisor reports. National Bank Financial currently has a C$53.00 price objective on the real estate investment trust’s stock.
Other research analysts have also issued reports about the company. Raymond James cut their target price on Adaptimmune Therapeutics from $16.00 to $6.00 and set an outperform rating on the stock in a research report on Tuesday, May 7th. Royal Bank of Canada cut their target price on Toromont Industries from C$66.00 to C$65.00 and set a sector perform rating on the stock in a research report on Monday, May 6th. TD Securities increased their target price on Peyto Exploration & Development from C$8.00 to C$8.50 and gave the stock a hold rating in a research report on Friday, March 8th. Finally, BMO Capital Markets reaffirmed a market perform rating and issued a C$17.00 target price on shares of Wajax in a research report on Thursday, June 20th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of C$50.66.
Shares of AP.UN stock traded down C$0.10 during mid-day trading on Friday, hitting C$48.35. 139,831 shares of the company’s stock were exchanged, compared to its average volume of 139,864. Allied Properties Real Estate Investment has a fifty-two week low of C$41.14 and a fifty-two week high of C$50.01. The company has a 50-day simple moving average of C$48.42. The company has a current ratio of 0.58, a quick ratio of 0.34 and a debt-to-equity ratio of 43.49. The stock has a market capitalization of $5.15 billion and a PE ratio of 8.16.
Allied Properties Real Estate Investment Company Profile
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
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