Canadian Apartment Properties REIT - CAR.UN Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last year. There are currently 1 hold rating, 4 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CAR.UN shares.
View CAR.UN analyst ratings or view top-rated stocks.

7 analysts have issued 12-month target prices for Canadian Apartment Properties REIT's stock. Their CAR.UN share price forecasts range from C$52.00 to C$69.50. On average, they anticipate the company's share price to reach C$60.25 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price.
View analysts price targets for CAR.UN or view top-rated stocks among Wall Street analysts.

Canadian Apartment Properties REIT's stock was trading at C$59.96 at the beginning of the year. Since then, CAR.UN shares have decreased by 31.8% and is now trading at C$40.90.
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Canadian Apartment Properties REIT (TSE:CAR.UN) pays an annual dividend of C$1.44 per share and currently has a dividend yield of 3.50%. The dividend payout ratio is 39.73%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CAR.UN.

Canadian Apartment Properties REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CAR.UN."

Shares of CAR.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.
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One share of CAR.UN stock can currently be purchased for approximately C$40.90.

Canadian Apartment Properties REIT (TSE:CAR.UN) has a market capitalization of C$7.08 billion and generates C$975.10 million in revenue each year.

The company employs 908 workers across the globe.

Canadian Apartment Properties REIT's mailing address is 11 Church St Suite 401, TORONTO, ON M5E 1W1, Canada. The official website for the company is www.caprent.com. The company can be reached via phone at +1-416-8619404.