Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target Raised to C$13.00

Automotive Properties Real Est Invt TR (TSE:APR.UN) had its target price hoisted by Desjardins from C$12.00 to C$13.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, TD Securities increased their price target on Automotive Properties Real Est Invt TR from C$11.00 to C$12.00 and gave the company a “hold” rating in a research note on Friday, August 15th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.50.

Automotive Properties Real Est Invt TR Price Performance

Automotive Properties Real Est Invt TR stock opened at C$11.48 on Monday. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62. The company has a market capitalization of C$563.09 million, a PE ratio of 7.55 and a beta of 0.92. Automotive Properties Real Est Invt TR has a 12 month low of C$9.04 and a 12 month high of C$12.78. The stock has a 50-day moving average price of C$11.37 and a two-hundred day moving average price of C$10.71.

About Automotive Properties Real Est Invt TR

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.