Today, an analyst has provided a rating update for the Financial sector company, Killam Apartment REIT Un (TSX: KMP.UN). Analyst Mario Saric from Scotiabank rated Killam Apartment REIT Un (TSX: KMP.UN) a Hold, setting a C$16.25 price target.
According to TipRanks.com, Saric is ranked #1296 out of 4850 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Moderate Buy with an average price target of C$16.28, representing a 2.8% upside. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a C$15.85 price target.
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Killam Apartment REIT Un’s market cap is currently C$1.27B and has a P/E ratio of 8.2. The company has a Price to Book ratio of 1.24.
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 Friday at C$15.83.
