Minto Apartment Real Estate Investment Trust (MI.UN), the Financial sector company, was revisited by a Wall Street analyst on March 20. Analyst Brendon Abrams from Canaccord Genuity rated Minto Apartment Real Estate Investment Trust (MI.UN) a Buy on March 20, setting a C$22.50 price target.
Abrams has an average return of 11.4% when recommending Minto Apartment Real Estate Investment Trust.
According to TipRanks.com, Abrams is ranked #1983 out of 5246 analysts.
Currently, the analyst consensus on Minto Apartment Real Estate Investment Trust is a Strong Buy with an average price target of C$21.81, representing an 8.7% upside. In a report issued on March 21, Raymond James also maintained a Buy rating on the stock with a C$22 price target.
.
The company has a one-year high of C$20.21 and a one-year low of C$15.45. Currently, Minto Apartment Real Estate Investment Trust has an average volume of 56K.
Minto Apartment Real Estate Investment Trust engages in the ownership of multi-residential rental properties. Its objective is to provide shareholder’s an opportunity to invest in multi-residential rental properties and maximize long-term shareholder’s value through value-enhancing capital investment programs.
The company’s shares closed on Monday at C$20.07, close to its 52-week high of C$20.21.
