Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report)’s share price was down 1.1% during trading on Wednesday . The stock traded as low as C$15.84 and last traded at C$15.92. Approximately 245,803 shares traded hands during trading, an increase of 189% from the average daily volume of 84,927 shares. The stock had previously closed at C$16.10.
Analysts Set New Price Targets
MI.UN has been the topic of several research analyst reports. Raymond James dropped their price objective on Minto Apartment Real Estate Invt Trust from C$21.25 to C$20.25 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. TD Securities raised their price objective on Minto Apartment Real Estate Invt Trust from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, May 9th. Finally, National Bankshares dropped their price objective on Minto Apartment Real Estate Invt Trust from C$20.00 to C$18.75 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Minto Apartment Real Estate Invt Trust currently has an average rating of “Moderate Buy” and an average price target of C$20.07.
View Our Latest Stock Report on MI.UN
Minto Apartment Real Estate Invt Trust Price Performance
About Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Ottawa, Calgary and Edmonton.
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