In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Killam Apartment REIT Un (TSX: KMP.UN). Analyst Matt Kornack from National Bank rated Killam Apartment REIT Un (TSX: KMP.UN) a Buy today, setting a C$18 price target.
Kornack has an average return of 1.3% when recommending Killam Apartment REIT Un.
According to TipRanks.com, Kornack is ranked #3591 out of 4895 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Killam Apartment REIT Un with a C$17.03 average price target.
Killam Apartment REIT Un’s market cap is currently C$1.37B and has a P/E ratio of 8.7. 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 Thursday at C$16.28, close to its 52-week high of C$16.71.
