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Allied Properties Real Estate Investment (TSE:AP.UN) declared a dividend on Friday, May 16th, AnalystRatings.NET reports. Shareholders of record on Friday, May 30th will be given a dividend of 0.108 per share on Monday, June 16th. The ex-dividend date of this dividend is Wednesday, May 28th.

AP.UN has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Allied Properties Real Estate Investment from C$37.00 to C$38.00 in a research note on Thursday, May 8th. They now have an “outperform” rating on the stock. On the ratings front, analysts at Raymond James raised their price target on shares of Allied Properties Real Estate Investment from C$36.00 to C$40.00 in a research note on Thursday, May 8th. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Allied Properties Real Estate Investment from C$36.00 to C$37.00 in a research note on Thursday, May 8th. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$37.44.

Allied Properties Real Estate Investment Trust (TSE:AP) is a closed-end real estate investment trust.

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