Killam Apartment REIT (OTCMKTS:KMMPF) Receives Consensus Rating of “Buy” from Analysts

Killam Apartment REIT (OTCMKTS:KMMPF) has been given a consensus recommendation of “Buy” by the six brokerages that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating.

KMMPF has been the subject of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th. TD Securities reissued a “buy” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating on shares of Killam Apartment REIT in a research note on Monday, May 11th. Finally, Scotiabank reissued an “outperform” rating on shares of Killam Apartment REIT in a research note on Friday, May 8th.

Killam Apartment REIT Price Performance

KMMPF opened at $13.06 on Friday. The company’s 50 day simple moving average is $12.22 and its 200-day simple moving average is $12.23. Killam Apartment REIT has a one year low of $11.10 and a one year high of $14.48.

About Killam Apartment REIT

Killam Apartment REIT (OTCMKTS: KMMPF) is a Canadian real estate investment trust that acquires, owns and manages a diversified portfolio of residential rental properties. Listed on the Toronto Stock Exchange under the symbol KMP.UN and trading in the United States on the OTC Market, the trust focuses on the long-term ownership of multi-unit residential assets. Its business model combines property management expertise with a disciplined approach to acquisitions and development, aiming to deliver stable rental income and capital growth.

The REIT’s portfolio spans Atlantic Canada, Ontario, Alberta and British Columbia, with a concentration of properties in Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island.