Shares of Minto Apartment Real Estate Investment Trust (MI.UN) were revisited by a Wall Street analyst today. Analyst Johann Rodrigues from Raymond James remains bullish on the stock and has a C$22 price target.
Rodrigues has an average return of 10.2% when recommending Minto Apartment Real Estate Investment Trust.
According to TipRanks.com, Rodrigues is ranked #1854 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.
