Automotive Properties Real Est Invt TR (TSE:APR.UN) Stock Has Consensus Price Target of C$12.88

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$12.88.

Separately, Royal Bank Of Canada increased their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company an “outperform” rating in a research report on Tuesday, August 18th.

Automotive Properties Real Est Invt TR Trading Up 1.6%

Shares of APR.UN stock opened at C$11.57 on Tuesday. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The company has a market capitalization of C$628.38 million, a price-to-earnings ratio of 10.30 and a beta of 0.66. Automotive Properties Real Est Invt TR has a 52-week low of C$10.68 and a 52-week high of C$12.52. The company has a 50-day simple moving average of C$12.01 and a two-hundred day simple moving average of C$11.87.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last posted its earnings results on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. The firm had revenue of C$30.21 million for the quarter. Research analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

Automotive Properties Real Est Invt TR Company Profile

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.