Killam Apartment REIT (OTCMKTS:KMMPF) Given Average Recommendation of “Buy” by Brokerages

Shares of Killam Apartment REIT (OTCMKTS:KMMPF) have received a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation.

Separately, Raymond James Financial cut shares of Killam Apartment REIT from a “strong-buy” rating to an “outperform” rating in a research report on Friday, October 17th.

Killam Apartment REIT Trading Down 0.1%

Shares of KMMPF stock opened at $11.99 on Wednesday. Killam Apartment REIT has a 12 month low of $11.02 and a 12 month high of $14.48. The stock has a 50-day moving average price of $11.91 and a 200 day moving average price of $12.80.

Killam Apartment REIT Company Profile

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.