Wall Street analyst has provided a review for the Financial company yesterday, but retained the same rating on the stock. Analyst Ken Avalos from Raymond James reiterated a Hold rating on Killam Apartment REIT Un (TSX: KMP.UN), with a C$17 price target.
Avalos has an average return of 8.0% when recommending Killam Apartment REIT Un.
According to TipRanks.com, Avalos is ranked #732 out of 4872 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Moderate Buy with an average price target of C$16.70.
Killam Apartment REIT Un’s market cap is currently C$1.34B and has a P/E ratio of 8.5. The company has a Price to Book ratio of 1.21.
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$15.79, close to its 52-week high of C$16.27.