Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$12.40.

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

Automotive Properties Real Est Invt TR Price Performance

Shares of APR.UN traded down C$0.01 during mid-day trading on Wednesday, reaching C$11.46. 2,525 shares of the stock traded hands, compared to its average volume of 24,306. The firm has a fifty day moving average price of C$11.00 and a 200 day moving average price of C$10.58. The company has a market cap of C$562.11 million, a price-to-earnings ratio of 7.54 and a beta of 0.92. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62. Automotive Properties Real Est Invt TR has a 1 year low of C$9.04 and a 1 year 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.