The Financial sector company, Killam Apartment REIT Un (KMP.UN), has received a rating update from a Wall Street analyst yesterday. Analyst Michael Markidis from Desjardins rated Killam Apartment REIT Un (KMP.UN) a Buy, setting a C$18.50 price target.
Markidis has an average return of 6.1% when recommending Killam Apartment REIT Un.
According to TipRanks.com, Markidis is ranked #406 out of 5107 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Strong Buy with an average price target of C$17.81.
The company has a one-year high of C$17.02 and a one-year low of C$12.59. Currently, Killam Apartment REIT Un has an average volume of 208K.
Killam Apartment REIT engages in the ownership, management, and development of multi-family residential properties. It operates through the following segments: Apartments, Manufactured Home Communities, and Other. The Apartments segment includes property revenue, property operating expenses and fair value of investment property by region.
The company’s shares closed on Tuesday at C$16.20.
