Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives C$12.40 Consensus PT from Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$12.40.

Separately, National Bankshares lowered Automotive Properties Real Est Invt TR from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$12.00 to C$10.75 in a research report on Monday, April 14th.

Automotive Properties Real Est Invt TR Price Performance

Automotive Properties Real Est Invt TR stock opened at C$11.45 on Wednesday. The firm has a market capitalization of C$561.62 million, a P/E ratio of 7.53 and a beta of 0.92. Automotive Properties Real Est Invt TR has a 1 year low of C$9.04 and a 1 year high of C$12.78. The business has a 50-day moving average of C$11.04 and a 200-day moving average of C$10.59. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62.

About Automotive Properties Real Est Invt TR

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec.