Allied Properties Real Estate Investment Trust (AP.UN) Stock Forecast & Price Target

C$17.83

+0.27 (+1.54%)

(As of 07/26/2024 ET)

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Allied Properties Real Estate Investment Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Based on 8 Wall Street analysts who have issued ratings for Allied Properties Real Estate Investment Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, and 4 have given a buy rating for AP.UN.

Consensus Price Target

C$19.78
10.92% Upside

High Forecast	C$23.00
Average Forecast	C$19.78
Low Forecast	C$18.50

According to the 8 analysts' twelve-month price targets for Allied Properties Real Estate Investment Trust, the average price target is C$19.78. The highest price target for AP.UN is C$23.00, while the lowest price target for AP.UN is C$18.50. The average price target represents a forecasted upside of 10.92% from the current price of C$17.83.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$19.78	C$19.83	C$20.22	C$28.56
Forecasted Upside	10.92% Upside	14.59% Upside	14.65% Upside	25.69% Upside

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AP.UN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AP.UN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Allied Properties Real Estate Investment Trust Stock vs. The Competition

Type	Allied Properties Real Estate Investment Trust	Real Estate Companies
Consensus Rating Score	2.50	2.49
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/18/2024	National Bankshares 1 of 5 stars	Downgrade	Outperform ➝ Sector Perform	C$18.50	+7.50%
5/3/2024	Royal Bank of Canada 4 of 5 stars	Lower Target	Outperform	C$20.00 ➝ C$19.00	+12.29%
5/2/2024	Canaccord Genuity Group 3 of 5 stars	Lower Target	Buy	C$20.25 ➝ C$18.75	+11.08%
5/2/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	C$21.75 ➝ C$21.25	+25.89%
5/2/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform	C$19.25 ➝ C$19.00	+12.56%
4/24/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$21.00 ➝ C$20.00	+15.94%
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3/13/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$19.50 ➝ C$19.00	+10.66%
2/2/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$20.00 ➝ C$19.50	+8.70%
1/22/2024	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$20.00 ➝ C$23.00	+13.69%
7/29/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$43.00 ➝ C$42.00	+23.60%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:56 AM ET.

AP.UN Forecast - Frequently Asked Questions

What is Allied Properties Real Estate Investment Trust's forecast for 2024?: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Allied Properties Real Estate Investment Trust is C$19.78, with a high forecast of C$23.00 and a low forecast of C$18.50.
Should I buy or sell Allied Properties Real Estate Investment Trust stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allied Properties Real Estate Investment Trust in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AP.UN shares.
Does Allied Properties Real Estate Investment Trust's stock price have much upside?: According to analysts, Allied Properties Real Estate Investment Trust's stock has a predicted upside of 14.30% based on their 12-month stock forecasts.
Has Allied Properties Real Estate Investment Trust been downgraded by Wall Street analysts recently?: Over the previous 90 days, Allied Properties Real Estate Investment Trust's stock had 1 downgrade by analysts.
What analysts cover Allied Properties Real Estate Investment Trust?: Allied Properties Real Estate Investment Trust has been rated by research analysts at Canaccord Genuity Group, National Bankshares, Raymond James, Royal Bank of Canada, and Scotiabank in the past 90 days.
Do Wall Street analysts like Allied Properties Real Estate Investment Trust more than its competitors?: Analysts like Allied Properties Real Estate Investment Trust more than other "real estate" companies. The consensus rating for Allied Properties Real Estate Investment Trust is Moderate Buy while the average consensus rating for "real estate" companies is Hold. Learn more on how AP.UN compares to other companies.