National Bankshares Analysts Give Automotive Properties Real Est Invt TR (TSE:APR.UN) a C$13.00 Price Target

National Bankshares set a C$13.00 target price on Automotive Properties Real Est Invt TR (TSE:APR.UN) in a report published on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

APR.UN has been the topic of several other research reports. TD Securities upped their target price on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Canaccord Genuity Group boosted their price objective on shares of Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the company a “buy” rating in a report on Monday, September 16th. BMO Capital Markets raised their target price on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a report on Monday, October 28th. Scotiabank boosted their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a research note on Wednesday, November 20th. Finally, Raymond James increased their price target on Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 in a report on Friday, September 6th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Automotive Properties Real Est Invt TR currently has a consensus rating of “Moderate Buy” and an average price target of C$12.95.

Automotive Properties Real Est Invt TR Stock Up 2.5 %

Shares of Automotive Properties Real Est Invt TR stock opened at C$11.01 on Friday. The company has a 50-day simple moving average of C$11.80 and a two-hundred day simple moving average of C$11.20. The stock has a market capitalization of C$540.04 million, a PE ratio of 7.24 and a beta of 0.92. Automotive Properties Real Est Invt TR has a 52-week low of C$9.69 and a 52-week high of C$12.78. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.