Automotive Properties Real Est Invt TR (TSE:APR.UN) has received a consensus rating of “Buy” from the six research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$11.88.

APR.UN has been the subject of a number of research analyst reports. BMO Capital Markets reiterated an “outperform” rating and set a C$12.50 price target on shares of Automotive Properties Real Est Invt TR in a research report on Friday, July 7th. Royal Bank Of Canada reiterated a “sector perform” rating and set a C$11.50 price target on shares of Automotive Properties Real Est Invt TR in a research report on Monday, July 24th.

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About Automotive Properties Real Est Invt TR

Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.

Analyst Recommendations for Automotive Properties Real Est Invt TR (TSE:APR.UN)

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