Automotive Properties Real Est Invt TR (TSE:APR.UN) Given a C$9.00 Price Target at Raymond James

Raymond James set a C$9.00 price objective on Automotive Properties Real Est Invt TR (TSE:APR.UN) in a research report sent to investors on Wednesday, BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Other analysts have also issued reports about the stock. CIBC decreased their target price on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$11.75 in a research report on Wednesday. BMO Capital Markets lifted their target price on shares of Automotive Properties Real Est Invt TR from C$12.25 to C$13.00 in a research report on Tuesday, February 11th. Royal Bank of Canada decreased their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$11.00 and set a sector perform rating on the stock in a research report on Wednesday. National Bank Financial lifted their target price on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company an outperform rating in a research report on Monday, January 27th. Finally, TD Securities lifted their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.50 and gave the company a buy rating in a research report on Monday, December 30th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of C$10.63.

Shares of Automotive Properties Real Est Invt TR stock traded up C$1.68 during trading on Wednesday, hitting C$7.50. 433,337 shares of the company’s stock traded hands, compared to its average volume of 25,437. The company has a debt-to-equity ratio of 142.91, a current ratio of 0.09 and a quick ratio of 0.01. The firm’s fifty day moving average price is C$10.85 and its 200 day moving average price is C$11.57. Automotive Properties Real Est Invt TR has a twelve month low of C$6.00 and a twelve month high of C$12.89. The company has a market cap of $280.09 million and a PE ratio of 42.37.

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 Qu├ębec.

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Analyst Recommendations for Automotive Properties Real Est Invt TR (TSE:APR.UN)

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