Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Stock Rated “Hold” by Wall Street Analysts

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) has received a consensus rating of “Hold” from the seven research firms that are covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation.

Separately, Scotiabank reaffirmed a “sector perform” rating on shares of Allied Properties Real Estate Investment Trust in a report on Thursday, July 30th.

Allied Properties Real Estate Investment Trust Stock Performance

OTCMKTS APYRF opened at $5.31 on Monday. Allied Properties Real Estate Investment Trust has a 52 week low of $5.23 and a 52 week high of $15.91. The company has a 50 day moving average price of $6.46 and a 200 day moving average price of $6.90.

Allied Properties Real Estate Investment Trust Company Profile

Allied Properties Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops urban office properties and data centre facilities. Its portfolio is focused on distinctive urban workspaces, including converted historic buildings, loft-style offices and other properties designed for businesses seeking locations in established downtown neighbourhoods.

The trust serves commercial tenants across major Canadian markets, including Toronto, Montreal, Calgary, Ottawa, Edmonton, Vancouver and the Kitchener-Waterloo area.