Echelon Wealth Partners reissued their average rating on shares of Northview Apartment REIT (TSE:NVU.UN) in a research note issued to investors on Sunday morning, AnalystRatings.com reports. Echelon Wealth Partners currently has a C$29.00 target price on the stock.
Separately, National Bank Financial reissued an outperform rating and issued a C$30.00 target price on shares of Northview Apartment REIT in a report on Tuesday, June 11th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of C$29.56.
NVU.UN stock opened at C$27.94 on Friday. The company has a current ratio of 0.15, a quick ratio of 0.06 and a debt-to-equity ratio of 139.85. Northview Apartment REIT has a 12 month low of C$23.93 and a 12 month high of C$29.51. The company has a market cap of $1.58 billion and a price-to-earnings ratio of 6.24. The firm has a 50-day moving average price of C$27.24.
Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.
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