Allied Properties Real Estate Investment Trust (TSE:AP.UN) Receives C$19.59 Average Price Target from Analysts

Shares of Allied Properties Real Estate Investment Trust (TSE:AP.UN) have been given an average recommendation of “Hold” by the six ratings firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$19.59.

Separately, Raymond James lowered their target price on shares of Allied Properties Real Estate Investment Trust from C$20.00 to C$19.00 in a report on Monday, January 13th.

Allied Properties Real Estate Investment Trust Price Performance

AP.UN stock opened at C$16.66 on Friday. The stock has a market cap of C$2.13 billion, a price-to-earnings ratio of -4.51 and a beta of 1.26. Allied Properties Real Estate Investment Trust has a fifty-two week low of C$15.13 and a fifty-two week high of C$20.74. The company has a quick ratio of 0.12, a current ratio of 0.45 and a debt-to-equity ratio of 71.71. The business has a 50 day moving average price of C$17.11 and a 200 day moving average price of C$17.97.

Allied Properties Real Estate Investment Trust Company Profile

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.