Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives C$12.50 Consensus Target Price from Analysts

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$12.50.

A number of research firms have weighed in on APR.UN. National Bankshares lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a report on Friday, October 24th. Scotiabank dropped their target price on Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set a “sector perform” rating on the stock in a research report on Friday, October 24th. Desjardins reduced their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set a “buy” rating for the company in a report on Friday, October 24th. Finally, Raymond James Financial dropped their price objective on Automotive Properties Real Est Invt TR from C$12.75 to C$12.50 and set an “outperform” rating on the stock in a report on Thursday, November 20th.

Automotive Properties Real Est Invt TR Stock Up 0.1%

Shares of APR.UN stock opened at C$11.31 on Monday. Automotive Properties Real Est Invt TR has a twelve month low of C$9.04 and a twelve month high of C$11.91. The stock has a market cap of C$613.67 million, a P/E ratio of 13.32 and a beta of 0.58. The stock has a 50 day moving average of C$10.98 and a 200 day moving average of C$11.23. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.26 EPS for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. The business had revenue of C$25.40 million for the quarter. As a group, sell-side analysts expect that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current year.

Automotive Properties Real Est Invt TR Company Profile

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. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT’s asset portfolio to maximize Unitholder value.