Killam Apartment REIT (OTCMKTS:KMMPF) Given Average Rating of “Buy” by Brokerages

Killam Apartment REIT (OTCMKTS:KMMPF) has received an average recommendation of “Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy rating.

A number of analysts have recently issued reports on KMMPF shares. National Bankshares reaffirmed an “outperform” rating on shares of Killam Apartment REIT in a research report on Tuesday, July 15th. Raymond James Financial cut Killam Apartment REIT from a “strong-buy” rating to an “outperform” rating in a research report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Killam Apartment REIT in a research report on Friday, August 8th. Finally, TD Securities reaffirmed a “buy” rating on shares of Killam Apartment REIT in a research report on Friday, August 8th.

Killam Apartment REIT Stock Down 2.8%

KMMPF opened at $12.42 on Friday. Killam Apartment REIT has a 12-month low of $11.02 and a 12-month high of $14.48. The business has a 50 day moving average of $12.91 and a 200-day moving average of $13.17.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.