Scotiabank Increases Killam Apartment REIT (KMP.UN) Price Target to C$14.50
Killam Apartment REIT (TSE:KMP.UN) had its target price boosted by analysts at Scotiabank from C$13.25 to C$14.50 in a research note issued on Thursday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 6.30% from the stock’s previous close.
KMP.UN has been the topic of a number of other research reports. National Bank Financial boosted their price objective on Killam Apartment REIT from C$14.00 to C$14.75 and gave the stock an “outperform” rating in a research note on Thursday. TD Securities boosted their price objective on Killam Apartment REIT from C$14.50 to C$15.50 and gave the stock a “buy” rating in a research note on Thursday. Royal Bank Of Canada boosted their price objective on Killam Apartment REIT from C$14.00 to C$14.50 and gave the stock an “outperform” rating in a research note on Thursday. Desjardins restated a “buy” rating and set a C$14.50 price objective on shares of Killam Apartment REIT in a research note on Tuesday. Finally, Canaccord Genuity cut Killam Apartment REIT from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Killam Apartment REIT presently has an average rating of “Buy” and a consensus price target of C$14.25.
Shares of Killam Apartment REIT (TSE KMP.UN) opened at C$13.64 on Thursday. Killam Apartment REIT has a 1 year low of C$11.57 and a 1 year high of C$14.10.
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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.
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