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

Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$12.40.

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

Automotive Properties Real Est Invt TR Stock Down 0.1%

Shares of APR.UN stock traded down C$0.01 during trading on Wednesday, hitting C$11.45. 7,742 shares of the company were exchanged, compared to its average volume of 24,245. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The firm has a market capitalization of C$561.62 million, a price-to-earnings ratio of 7.53 and a beta of 0.92. The business's 50-day simple moving average is C$11.04 and its 200 day simple moving average is C$10.59. Automotive Properties Real Est Invt TR has a twelve month low of C$9.04 and a twelve month high of C$12.78.

About Automotive Properties Real Est Invt TR

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec.