Allied Properties Real Estate Investment Trust (TSE:AP) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Allied Properties Real Estate Investment Trust (TSE:AP) from a strong sell rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports. Raymond James Financial also issued estimates for Allied Properties Real Estate Investment Trust’s Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.52 EPS and FY2027 earnings at $2.00 EPS.

Several other equities analysts have also recently weighed in on the stock. Scotiabank cut shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. Desjardins downgraded shares of Allied Properties Real Estate Investment Trust from a “hold” rating to a “strong sell” rating in a research report on Monday, September 15th. TD Securities lowered shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. Finally, Canaccord Genuity Group upgraded shares of Allied Properties Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Allied Properties Real Estate Investment Trust currently has a consensus rating of “Hold”.

Allied Properties Real Estate Investment Trust Stock Performance

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.