Automotive Properties Real Est Invt TR (TSE:APR.UN) has been assigned a C$12.50 target price by Scotiabank in a research note issued on Friday. The firm presently has an “outperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 12.21% from the company’s current price.

Several other brokerages have also weighed in on APR.UN. BMO Capital Markets reissued an “outperform” rating and issued a C$12.50 price objective on shares of Automotive Properties Real Est Invt TR in a report on Monday, August 21st. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$11.50 price objective on shares of Automotive Properties Real Est Invt TR in a report on Monday, July 24th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$11.96.

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) traded down C$0.04 during trading on Friday, reaching C$11.14. The company had a trading volume of 32,016 shares, compared to its average volume of 13,726. Automotive Properties Real Est Invt TR has a 1 year low of C$9.93 and a 1 year high of C$11.65.

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Automotive Properties Real Est Invt TR Company Profile

Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.

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

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