Killam Apartment REIT (TSE:KMP.UN) had its price target hoisted by Scotiabank from C$14.75 to C$15.75 in a research report released on Monday. They currently have a sector perform rating on the stock.

Several other research firms have also recently issued reports on KMP.UN. Desjardins lifted their price objective on Killam Apartment REIT from C$15.50 to C$16.00 in a report on Friday, May 11th. Royal Bank of Canada boosted their target price on Killam Apartment REIT from C$15.00 to C$16.00 and gave the stock an outperform rating in a report on Friday, May 11th. TD Securities boosted their target price on Killam Apartment REIT from C$15.50 to C$16.50 and gave the stock a buy rating in a report on Friday, May 11th. CIBC boosted their target price on Killam Apartment REIT from C$14.50 to C$15.00 in a report on Thursday, February 15th. Finally, National Bank Financial boosted their target price on Killam Apartment REIT from C$14.75 to C$15.50 and gave the stock an outperform rating in a report on Tuesday, April 24th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Killam Apartment REIT currently has a consensus rating of Buy and a consensus price target of C$15.63.

KMP.UN stock opened at C$15.18 on Monday. Killam Apartment REIT has a 12-month low of C$12.04 and a 12-month high of C$14.76.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Tuesday, May 15th were issued a dividend of $0.0533 per share. This represents a $0.64 annualized dividend and a dividend yield of 4.21%. The ex-dividend date was Friday, April 27th.

About Killam Apartment REIT

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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