Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) Stock Now Rated “Hold” by Sell-Side Analysts

Shares of Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) have been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation.

Separately, Scotiabank restated a “sector perform” rating on shares of Allied Properties Real Estate Investment Trust in a research report on Thursday, July 30th.

Allied Properties Real Estate Investment Trust Stock Performance

APYRF opened at $5.31 on Monday. Allied Properties Real Estate Investment Trust has a twelve month low of $5.23 and a twelve month high of $15.91. The company has a 50-day moving average price of $6.46 and a 200 day moving average price of $6.89.

Allied Properties Real Estate Investment Trust Company Profile

Allied Properties Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops urban office properties and data centre facilities. Its portfolio is focused on distinctive urban workspaces, including converted historic buildings, loft-style offices and other properties designed for businesses seeking locations in established downtown neighbourhoods.

The trust serves commercial tenants across major Canadian markets, including Toronto, Montreal, Calgary, Ottawa, Edmonton, Vancouver and the Kitchener-Waterloo area.