National Bank Reaffirms Their Hold Rating on Minto Apartment Real Estate Investment Trust (MI.UN)


The Financial sector company, Minto Apartment Real Estate Investment Trust (MI.UN), has received a rating update from a Wall Street analyst today. Analyst Matt Kornack from National Bank rated Minto Apartment Real Estate Investment Trust (MI.UN) a Hold, setting a C$21 price target.

According to TipRanks.com, Kornack is ranked #1326 out of 5282 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Minto Apartment Real Estate Investment Trust with a C$21.88 average price target.

The company has a one-year high of C$20.58 and a one-year low of C$15.45. Currently, Minto Apartment Real Estate Investment Trust has an average volume of 54.9K.

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 Friday at C$19.92, close to its 52-week high of C$20.58.

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