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Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
What to Expect from the Markets in a Recession
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
What to Expect from the Markets in a Recession
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
What to Expect from the Markets in a Recession
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
TSE:AP.UN

Allied Properties Real Estate Investment - AP.UN Stock Forecast, Price & News

C$33.32
-0.37 (-1.10%)
(As of 08/5/2022 08:50 PM ET)
Add
Compare
Today's Range
C$32.94
C$33.74
50-Day Range
C$32.19
C$38.85
52-Week Range
C$32.03
C$48.89
Volume
196,608 shs
Average Volume
223,903 shs
Market Capitalization
C$4.26 billion
P/E Ratio
7.86
Dividend Yield
5.25%
Price Target
C$47.78

Allied Properties Real Estate Investment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
43.4% Upside
C$47.78 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.05mentions of Allied Properties Real Estate Investment in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
C$275,336 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

AP.UN stock logo

About Allied Properties Real Estate Investment (TSE:AP.UN) Stock

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Raymond James reduced their price objective on Allied Properties Real Estate Investment from C$52.00 to C$45.00 and set an "outperform" rating for the company in a research note on Friday, July 29th. BMO Capital Markets dropped their target price on Allied Properties Real Estate Investment from C$43.00 to C$42.00 in a report on Friday, July 29th. Scotiabank dropped their price objective on Allied Properties Real Estate Investment from C$47.25 to C$46.00 in a report on Friday, July 29th. CIBC lowered their target price on Allied Properties Real Estate Investment from C$47.50 to C$43.00 and set an "outperform" rating on the stock in a report on Friday, July 29th. Finally, TD Securities lowered their target price on Allied Properties Real Estate Investment from C$53.00 to C$52.00 and set a "buy" rating on the stock in a report on Friday, April 29th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$47.78.

Allied Properties Real Estate Investment Trading Down 1.1 %

TSE:AP.UN traded down C$0.37 on Friday, hitting C$33.32. 196,608 shares of the stock were exchanged, compared to its average volume of 223,903. The stock has a market cap of C$4.26 billion and a PE ratio of 7.86. The company has a current ratio of 0.45, a quick ratio of 0.17 and a debt-to-equity ratio of 56.99. The stock has a fifty day moving average of C$34.44 and a 200-day moving average of C$40.37. Allied Properties Real Estate Investment has a fifty-two week low of C$32.03 and a fifty-two week high of C$48.89.

Insiders Place Their Bets

In related news, Senior Officer Hugh Fletcher Clark bought 7,000 shares of the stock in a transaction dated Thursday, June 16th. The stock was acquired at an average price of C$33.64 per share, for a total transaction of C$235,480.00. Following the completion of the purchase, the insider now owns 27,415 shares in the company, valued at C$922,240.60. In related news, Director Michael R. Emory bought 1,023 shares of the stock in a transaction dated Monday, May 16th. The stock was acquired at an average price of C$38.96 per share, for a total transaction of C$39,856.08. Following the completion of the purchase, the director now owns 229,304 shares in the company, valued at C$8,933,683.84. Also, Senior Officer Hugh Fletcher Clark bought 7,000 shares of the stock in a transaction dated Thursday, June 16th. The stock was bought at an average price of C$33.64 per share, with a total value of C$235,480.00. Following the purchase, the insider now owns 27,415 shares of the company's stock, valued at approximately C$922,240.60.

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AP.UN Stock News Headlines

3 Undervalued REITs to Buy Today
2 Stocks to Counter Rising Home Prices
2 REITs That Could Give You $330 Cash Every Month
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Industry, Sector and Symbol

Industry
REIT - Office
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$47.78
High Stock Price Forecast
C$52.00
Low Stock Price Forecast
C$42.00
Forecasted Upside/Downside
+43.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$590.55 million
Cash Flow
C$0.19 per share
Book Value
C$51.64 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.26 billion
Optionable
Not Optionable
Beta
N/A














AP.UN Stock - Frequently Asked Questions

Should I buy or sell Allied Properties Real Estate Investment stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allied Properties Real Estate Investment in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Allied Properties Real Estate Investment stock.
View analyst ratings for Allied Properties Real Estate Investment
or view top-rated stocks.

What is Allied Properties Real Estate Investment's stock price forecast for 2022?

9 analysts have issued 12 month target prices for Allied Properties Real Estate Investment's stock. Their AP.UN stock forecasts range from C$42.00 to C$52.00. On average, they anticipate Allied Properties Real Estate Investment's stock price to reach C$47.78 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price.
View analysts' price targets for Allied Properties Real Estate Investment
or view top-rated stocks among Wall Street analysts.

How has Allied Properties Real Estate Investment's stock performed in 2022?

Allied Properties Real Estate Investment's stock was trading at C$43.95 at the beginning of the year. Since then, AP.UN shares have decreased by 24.2% and is now trading at C$33.32.
View the best growth stocks for 2022 here
.

Is Allied Properties Real Estate Investment a good dividend stock?

Allied Properties Real Estate Investment(TSE:AP.UN) pays an annual dividend of C$1.75 per share and currently has a dividend yield of 5.25%. AP.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Allied Properties Real Estate Investment is 41.27%. This payout ratio is at a healthy, sustainable level, below 75%.
View Allied Properties Real Estate Investment's dividend history.

What is Allied Properties Real Estate Investment's stock symbol?

Allied Properties Real Estate Investment trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AP.UN."

How do I buy shares of Allied Properties Real Estate Investment?

Shares of AP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Allied Properties Real Estate Investment's stock price today?

One share of AP.UN stock can currently be purchased for approximately C$33.32.

How much money does Allied Properties Real Estate Investment make?

Allied Properties Real Estate Investment (TSE:AP.UN) has a market capitalization of C$4.26 billion and generates C$590.55 million in revenue each year.

How can I contact Allied Properties Real Estate Investment?

Allied Properties Real Estate Investment's mailing address is 134 Peter St Suite 1700, TORONTO, ON M5V 2H2, Canada. The official website for Allied Properties Real Estate Investment is alliedreit.com. The real estate investment trust can be reached via phone at +1-416-9779002.

This page (TSE:AP.UN) was last updated on 8/8/2022 by MarketBeat.com Staff

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