Killam Apartment REIT (KMP.UN) Rating Reiterated by Scotiabank
Killam Apartment REIT (TSE:KMP.UN)‘s stock had its “sector perform” rating restated by equities researchers at Scotiabank in a research note issued to investors on Wednesday. They currently have a C$13.25 price target on the stock.
KMP.UN has been the subject of several other reports. Canaccord Genuity lowered their price target on shares of Killam Apartment REIT from C$14.00 to C$13.50 in a research note on Thursday, January 5th. TD Securities reissued a “buy” rating and issued a C$15.00 price target on shares of Killam Apartment REIT in a research note on Thursday, November 3rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of C$13.72.
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Killam Apartment REIT Company Profile
Killam Apartment Real Estate Investment Trust (REIT), formerly Killam Properties Inc, is a Canada-based investment trust. The Trust is engaged in owning, operating and developing multi-family apartment buildings and manufactured home communities (MHCs). Its portfolio includes real estate assets located in Atlantic Canada, Ontario and Alberta.
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