Shares of Killam Apartment REIT Un (KMP.UN) were revisited by a Wall Street analyst today. Analyst Troy MacLean from BMO Capital rated Killam Apartment REIT Un (KMP.UN) a Buy, setting a C$18 price target.
MacLean has an average return of 7.2% when recommending Killam Apartment REIT Un.
According to TipRanks.com, MacLean is ranked #1486 out of 4897 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Strong Buy with an average price target of C$17.81, which is an 11.5% upside from current levels. In a report issued on November 9, CIBC also maintained a Buy rating on the stock with a C$18.50 price target.
.
Killam Apartment REIT Un’s market cap is currently C$1.38B and has a P/E ratio of 8.1. The company has a Price to Book ratio of 1.22.
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$15.97.
