Killam Apartment REIT Un (KMP.UN) Receives a Hold from Canaccord Genuity


Killam Apartment REIT Un (TSX: KMP.UN), the Financial sector company was revisited on October 28, yet the Wall Street analyst remains currently on the sidelines. Analyst Mark Rothschild from Canaccord Genuity reiterated a Hold rating, with a C$16.50 price target on October 28.

According to TipRanks.com, Rothschild is a 4-star analyst with an average return of 6.4% and a 62.8% success rate. Rothschild covers the Financial sector, focusing on stocks such as RioCan Real Estate Investment Trust, Brookfield Asset Mng, and Gazit-Globe Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Killam Apartment REIT Un with a C$16.91 average price target.

The company has a one-year high of C$16.71 and a one-year low of C$12.59. Currently, Killam Apartment REIT Un has an average volume of 147.2K.

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 Monday at C$16.06, close to its 52-week high of C$16.71.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts