Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) have been given an average rating of "Moderate Buy" by the seven research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$12.40.

Separately, National Bankshares lowered shares of Automotive Properties Real Est Invt TR from an "outperform" rating to a "sector perform" rating and reduced their price objective for the company from C$12.00 to C$10.75 in a research note on Monday, April 14th.

Automotive Properties Real Est Invt TR Trading Down 0.5%

Automotive Properties Real Est Invt TR stock opened at C$11.42 on Wednesday. The company's fifty day simple moving average is C$10.97 and its 200-day simple moving average is C$10.57. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. Automotive Properties Real Est Invt TR has a 12 month low of C$9.04 and a 12 month high of C$12.78. The stock has a market cap of C$560.15 million, a P/E ratio of 7.51 and a beta of 0.92.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.

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