Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target Raised to C$19.00 at Raymond James

Minto Apartment Real Estate Invt Trust (TSE:MI.UN) had its price target upped by Raymond James from C$18.75 to C$19.00 in a report published on Thursday,BayStreet.CA reports.

A number of other analysts also recently weighed in on MI.UN. Royal Bank of Canada cut their price target on shares of Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a research report on Thursday, August 15th. BMO Capital Markets reduced their price target on shares of Minto Apartment Real Estate Invt Trust from C$19.00 to C$18.50 in a research report on Monday, October 28th. National Bankshares raised their price objective on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a research note on Wednesday, October 9th. TD Securities boosted their target price on Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a research note on Thursday, August 15th. Finally, CIBC dropped their price target on Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a research report on Thursday. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$19.68.

Minto Apartment Real Estate Invt Trust Trading Down 0.1 %

TSE MI.UN opened at C$14.15 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09. Minto Apartment Real Estate Invt Trust has a 12 month low of C$13.69 and a 12 month high of C$17.89. The company has a market capitalization of C$564.87 million, a PE ratio of -15.90 and a beta of 1.23. The stock has a 50-day simple moving average of C$15.65 and a 200 day simple moving average of C$15.53.

Minto Apartment Real Estate Invt Trust Company Profile

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton.