Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Receives Consensus Recommendation of “Reduce” from Analysts

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) has been given an average rating of “Reduce” by the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company.

Several equities research analysts have recently commented on the company. National Bankshares cut Allied Properties Real Estate Investment Trust from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, October 8th. Raymond James Financial cut shares of Allied Properties Real Estate Investment Trust to an “underperform” rating in a research note on Wednesday, October 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Allied Properties Real Estate Investment Trust in a research note on Monday, November 3rd. TD Securities lowered shares of Allied Properties Real Estate Investment Trust to a “hold” rating in a research note on Thursday, October 30th. Finally, Scotiabank cut shares of Allied Properties Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating in a report on Friday, October 31st.

Allied Properties Real Estate Investment Trust Stock Up 0.3%

APYRF opened at $9.40 on Tuesday. Allied Properties Real Estate Investment Trust has a 52 week low of $8.97 and a 52 week high of $15.91. The business has a 50 day moving average price of $12.35 and a two-hundred day moving average price of $12.58.

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.