Raymond James Financial lowered shares of Killam Apartment REIT (TSE:KMP.UN) from an outperform rating to a market perform rating in a research note published on Thursday morning.

KMP.UN has been the topic of a number of other reports. BMO Capital Markets reiterated an outperform rating and set a C$15.25 price objective on shares of Killam Apartment REIT in a research note on Tuesday, December 12th. Royal Bank of Canada downgraded shares of Killam Apartment REIT from an outperform rating to a sector perform rating in a research note on Thursday, December 14th. Scotiabank increased their price objective on shares of Killam Apartment REIT from C$13.25 to C$14.50 and gave the stock a sector perform rating in a research note on Thursday, November 9th. Canaccord Genuity downgraded shares of Killam Apartment REIT from a buy rating to a hold rating in a research note on Monday, October 30th. Finally, National Bank Financial reissued an outperform rating and issued a C$14.75 target price on shares of Killam Apartment REIT in a report on Thursday, November 30th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Killam Apartment REIT presently has an average rating of Buy and an average target price of C$14.61.

Shares of Killam Apartment REIT (TSE KMP.UN) opened at C$13.85 on Thursday. The stock has a market cap of $1,110.00, a PE ratio of 14.89 and a beta of 0.23. Killam Apartment REIT has a one year low of C$11.84 and a one year high of C$14.76.

The business also recently announced a monthly dividend, which will be paid on Monday, January 15th. Stockholders of record on Monday, January 15th will be issued a $0.0517 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.48%.

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Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

Analyst Recommendations for Killam Apartment REIT (TSE:KMP.UN)

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