Automotive Properties Real Est Invt TR (TSE:APR.UN) Given a C$13.00 Price Target by National Bankshares Analysts

National Bankshares set a C$13.00 price objective on Automotive Properties Real Est Invt TR (TSE:APR.UN) in a research report released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

APR.UN has been the subject of a number of other research reports. TD Securities increased their price target on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$13.00 and gave the company a “hold” rating in a report on Friday, November 15th. Scotiabank raised their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 in a report on Wednesday, November 20th. CIBC increased their price objective on shares of Automotive Properties Real Est Invt TR from C$12.75 to C$13.00 in a research report on Friday, November 15th. Canaccord Genuity Group boosted their target price on Automotive Properties Real Est Invt TR from C$12.60 to C$13.50 and gave the company a “buy” rating in a research report on Monday, September 16th. Finally, BMO Capital Markets increased their price target on Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 in a report on Monday, October 28th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.95.

Automotive Properties Real Est Invt TR Trading Up 2.5 %

Shares of APR.UN opened at C$11.01 on Friday. Automotive Properties Real Est Invt TR has a fifty-two week low of C$9.69 and a fifty-two week high of C$12.78. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The company’s fifty day moving average is C$11.80 and its 200 day moving average is C$11.18. The stock has a market capitalization of C$540.04 million, a PE ratio of 7.24 and a beta of 0.92.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 54 income-producing commercial properties and one development property, representing approximately two million square feet of gross leasable area, in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Québec.