Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$16.77 and traded as high as C$20.45. Allied Properties Real Estate Investment Trust shares last traded at C$20.15, with a volume of 1,826,481 shares traded.
Analyst Upgrades and Downgrades
AP.UN has been the subject of several research reports. Desjardins lowered shares of Allied Properties Real Estate Investment Trust from a "hold" rating to a "sell" rating and set a C$18.00 price target for the company. in a research report on Monday. National Bankshares reduced their target price on shares of Allied Properties Real Estate Investment Trust from C$16.25 to C$16.00 and set a "sector perform" rating for the company in a report on Thursday, July 31st. Royal Bank Of Canada increased their price target on shares of Allied Properties Real Estate Investment Trust from C$17.00 to C$18.00 and gave the stock a "sector perform" rating in a research report on Friday, August 1st. Finally, TD Securities boosted their price objective on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$20.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of C$17.64.
Check Out Our Latest Analysis on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Trading Up 0.3%
The stock has a fifty day moving average of C$18.30 and a 200-day moving average of C$16.84. The company has a market cap of C$2.92 billion, a PE ratio of -5.27 and a beta of 1.50. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45.
About Allied Properties Real Estate Investment Trust
(
Get Free Report)
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal.
Further Reading
Before you consider Allied Properties Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allied Properties Real Estate Investment Trust wasn't on the list.
While Allied Properties Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
