Shares of Allied Properties Real Estate Investment (TSE:AP.UN – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is C$20.67.
Several research firms have commented on AP.UN. Desjardins decreased their price objective on shares of Allied Properties Real Estate Investment from C$20.00 to C$19.50 and set a “hold” rating on the stock in a report on Friday, February 2nd. CIBC decreased their price objective on shares of Allied Properties Real Estate Investment from C$19.50 to C$19.00 in a research note on Wednesday, March 13th. Laurentian lifted their price objective on shares of Allied Properties Real Estate Investment from C$20.00 to C$23.00 in a research note on Monday, January 22nd. National Bankshares decreased their price objective on shares of Allied Properties Real Estate Investment from C$22.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Sunday, February 4th. Finally, Scotiabank decreased their price objective on shares of Allied Properties Real Estate Investment from C$22.25 to C$21.75 and set an “outperform” rating on the stock in a research note on Tuesday, March 12th.
Check Out Our Latest Research Report on Allied Properties Real Estate Investment
Allied Properties Real Estate Investment Stock Performance
Allied Properties Real Estate Investment Company Profile
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
Further Reading
- Five stocks we like better than Allied Properties Real Estate Investment
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Stock Dividend Cuts Happen Are You Ready?
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- What Are Dividend Challengers?
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for Allied Properties Real Estate Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Properties Real Estate Investment and related companies with MarketBeat.com's FREE daily email newsletter.