Allied Properties Real Estate Investment Trust (APYRF) – What Are Brokerages Saying About This Stock?

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) has received a consensus rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating.

Several analysts have weighed in on APYRF shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Allied Properties Real Estate Investment Trust in a research note on Friday, October 2nd. Scotiabank reissued a “sector perform” rating on shares of Allied Properties Real Estate Investment Trust in a research note on Thursday, July 30th.

Allied Properties Real Estate Investment Trust Stock Up 1.2%

APYRF opened at $4.08 on Friday. The business’s 50 day moving average is $5.70 and its 200-day moving average is $6.67. Allied Properties Real Estate Investment Trust has a twelve month low of $4.00 and a twelve month high of $13.56.

Allied Properties Real Estate Investment Trust Company Profile

Allied Properties Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops urban office and mixed-use properties. The trust focuses on distinctive, well-located buildings that serve businesses in technology, media, creative and professional industries.

Its portfolio has historically included workspace, retail and other complementary commercial uses, with an emphasis on properties that support dense, connected urban environments. Allied also provides property management and leasing services for tenants occupying its buildings.

Allied was established in 2003 and has operated primarily in major Canadian markets, including Toronto, Montréal, Calgary, Ottawa, Edmonton and Vancouver.