ATB Cormark Capital Markets upgraded shares of Allied Properties Real Estate Investment Trust (TSE:AP – Free Report) from a hold rating to a moderate buy rating in a research report sent to investors on Wednesday morning,Zacks reports.
Separately, National Bank Financial upgraded Allied Properties Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
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Allied Properties Real Estate Investment Trust Stock Performance
About Allied Properties Real Estate Investment Trust
Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry. It also manufactures open-die forged products that principally are sold to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion industries.
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