Shares of Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$20.02.
Several research analysts recently weighed in on MI.UN shares. Raymond James reduced their price objective on shares of Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a research note on Thursday, August 15th. TD Securities lifted their price objective on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a research note on Thursday, August 15th. Finally, Royal Bank of Canada reduced their price objective on shares of Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a research note on Thursday, August 15th.
Check Out Our Latest Report on MI.UN
Minto Apartment Real Estate Invt Trust Stock Up 2.3 %
About Minto Apartment Real Estate Invt Trust
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.
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