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

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

6 brokerages have issued 12-month price targets for Canadian Apartment Properties REIT's stock. Their forecasts range from C$55.00 to C$63.00. On average, they expect Canadian Apartment Properties REIT's share price to reach C$58.50 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Canadian Apartment Properties REIT.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Apartment Properties REIT in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Apartment Properties REIT.

News stories about CAR.UN stock have been trending positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Apartment Properties REIT earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Canadian Apartment Properties REIT.

Some companies that are related to Canadian Apartment Properties REIT include Boardwalk REIT (BEI.UN), Interrent Real Estate Investment Trust (IIP.UN), Killam Apartment REIT (KMP.UN), Northview Apartment REIT (NVU.UN), Ingenia Communities Group (INA), Minto Apartment Real Estate Invt Trust (MI.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property (ESP), Bluerock Residential Growth REIT (BRG), US Masters Residential Property Fund Unit (URF), Sigma Capital Group (SGM), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC) and First Real Estate Investment Trust of NJ (FREVS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Apartment Properties REIT investors own include Royal Bank of Canada (RY), Sun Life Financial (SLF), Toronto-Dominion Bank (TD), BCE (BCE), H&R Real Estate Investment Trust (HR.UN), Altagas (ALA), Allied Properties Real Estate Investment (AP.UN), Bank of Nova Scotia (BNS), Enbridge (ENB) and Manulife Financial (MFC).

Shares of CAR.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of CAR.UN stock can currently be purchased for approximately C$55.75.

Canadian Apartment Properties REIT has a market capitalization of C$9.45 billion and generates C$748.67 million in revenue each year. Canadian Apartment Properties REIT employs 908 workers across the globe.View Additional Information About Canadian Apartment Properties REIT.

The official website for Canadian Apartment Properties REIT is http://www.caprent.com/.

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