National Bank Financial Downgrades Auto Prop Reit (TSE:APR) to Hold

Auto Prop Reit (TSE:APRGet Free Report) was downgraded by equities researchers at National Bank Financial from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday,Zacks.com reports. National Bank Financial also issued estimates for Auto Prop Reit’s Q1 2025 earnings at $0.26 EPS.

Auto Prop Reit Stock Performance

About Auto Prop Reit

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Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties and one development property, representing approximately 2.5 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.

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