Allied Properties Real Estate Investment Trust (TSE:AP) Upgraded by Desjardins to Hold Rating

Desjardins upgraded shares of Allied Properties Real Estate Investment Trust (TSE:AP) from a strong sell rating to a hold rating in a report published on Friday,Zacks.com reports.

AP has been the topic of a number of other research reports. Scotiabank downgraded Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 31st. TD Securities lowered shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, October 31st. Finally, Raymond James Financial raised shares of Allied Properties Real Estate Investment Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Allied Properties Real Estate Investment Trust Stock Performance

About Allied Properties Real Estate Investment Trust

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry. It also manufactures open-die forged products that principally are sold to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion industries.