On February 14, an analyst has provided a rating update for Allied Prop. REIT (AP.UN). Canaccord Genuity’s analyst Mark Rothschild reiterates their Hold rating on the shares, with a C$50 price target.
According to TipRanks.com, Rothschild is a 5-star analyst with an average return of 7.2% and a 68.9% success rate. Rothschild covers the Financial sector, focusing on stocks such as RioCan Real Estate Investment Trust, Brookfield Property Partners, and Brookfield Asset Mng.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Allied Prop. REIT with a C$49.45 average price target.
The company has a one-year high of C$48.07 and a one-year low of C$39.18. Currently, Allied Prop. REIT has an average volume of 191.8K.
Allied Properties Real Estate Investment Trust engages in owning, management, and development of urban office environments. It offers services such as rental overview and search, available space, and tenant profile. The company was founded on October 25, 2002 and is headquartered in Toronto, Canada.
The company’s shares closed on Friday at C$47.66, close to its 52-week high of C$48.07.
