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

Key Points

• The stock has a consensus rating of "Moderate Buy" from nine brokerages (five "buy" and four "hold"), with an average 12‑month price target of C$12.67.
• Several analysts recently raised ratings and targets—Canaccord to C$13.50 (buy), RBC to C$13.00 (upgraded to outperform), and Raymond James to C$13.00 (outperform)—reflecting more positive sentiment.
• Shares traded at C$11.66 on the latest session (market cap ~C$632.7M, 52‑week range C$9.04–C$11.91), leaving room to the consensus target and suggesting potential upside if analyst views hold.

Automotive Properties Real Est Invt TR (TSE:APR.UN - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nine brokerages that are covering the stock, Marketbeat reports. Four equities research 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 issued ratings on the stock in the last year is C$12.67.

Several analysts have recently weighed in on APR.UN shares. Canaccord Genuity Group boosted their target price on Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company a "buy" rating in a report on Friday. BMO Capital Markets raised their price objective on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 and gave the company a "market perform" rating in a research note on Friday. Royal Bank Of Canada raised shares of Automotive Properties Real Est Invt TR from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from C$12.50 to C$13.00 in a research note on Friday. Finally, Raymond James Financial raised their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock an "outperform" rating in a research note on Friday.

Automotive Properties Real Est Invt TR Price Performance

Shares of TSE:APR.UN traded down C$0.08 during trading on Friday, reaching C$11.66. 44,199 shares of the company's stock traded hands, compared to its average volume of 42,241. The firm has a market cap of C$632.66 million, a PE ratio of 13.73 and a beta of 0.73. Automotive Properties Real Est Invt TR has a fifty-two week low of C$9.04 and a fifty-two week high of C$11.91. The company has a 50-day simple moving average of C$11.35 and a 200-day simple moving average of C$11.24. 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 Company Profile

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. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio to maximize Unitholder value.

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