Minto Apartment Real Estate Investment Trust (MI.UN), the Financial sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Matt Kornack from National Bank remains neutral on the stock and has a C$21 price target.
According to TipRanks.com, Kornack is ranked #1627 out of 5248 analysts.
Currently, the analyst consensus on Minto Apartment Real Estate Investment Trust is a Moderate Buy with an average price target of C$21.50.
Minto Apartment Real Estate Investment Trust’s market cap is currently C$313.6M and has a P/E ratio of 6.5. The company has a Price to Book ratio of 1.29.
Minto Apartment Real Estate Investment Trust engages in the ownership of multi-residential rental properties. Its objective is to provide shareholder’s an opportunity to invest in multi-residential rental properties and maximize long-term shareholder’s value through value-enhancing capital investment programs.
The company’s shares closed on Thursday at C$20.
