Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report)’s share price traded down 1.1% during trading on Wednesday . The stock traded as low as C$15.84 and last traded at C$15.92. 245,803 shares traded hands during trading, an increase of 189% from the average session volume of 84,927 shares. The stock had previously closed at C$16.10.
Analyst Ratings Changes
Several equities analysts have recently commented on the stock. National Bankshares lowered their price target on shares of Minto Apartment Real Estate Invt Trust from C$20.00 to C$18.75 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. TD Securities upped their price objective on shares of Minto Apartment Real Estate Invt Trust from C$20.00 to C$21.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Finally, Raymond James decreased their price objective on shares of Minto Apartment Real Estate Invt Trust from C$21.25 to C$20.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Minto Apartment Real Estate Invt Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of C$20.07.
View Our Latest Stock Analysis on Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust Price Performance
Minto Apartment Real Estate Invt Trust Company Profile
Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Ottawa, Calgary and Edmonton.
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