Northview Apartment REIT (TSE:NVU.UN) Given New C$28.00 Price Target at Laurentian

Northview Apartment REIT (TSE:NVU.UN) had its price target decreased by Laurentian from C$28.50 to C$28.00 in a report released on Monday, BayStreet.CA reports.

A number of other equities research analysts have also recently commented on NVU.UN. National Bank Financial reiterated an outperform rating and issued a C$30.00 price target on shares of Northview Apartment REIT in a research note on Tuesday, June 11th. Echelon Wealth Partners restated an average rating and issued a C$29.00 price objective on shares of Northview Apartment REIT in a research note on Sunday, August 11th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and an average price target of C$29.56.

Northview Apartment REIT stock opened at C$28.10 on Monday. The stock has a 50-day moving average of C$27.27 and a two-hundred day moving average of C$27.61. The company has a debt-to-equity ratio of 139.85, a quick ratio of 0.06 and a current ratio of 0.15. Northview Apartment REIT has a one year low of C$23.93 and a one year high of C$29.51. The stock has a market cap of $1.59 billion and a PE ratio of 6.28.

About Northview Apartment REIT

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.

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Analyst Recommendations for Northview Apartment REIT (TSE:NVU.UN)

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