On October 29, an analyst has provided a rating update for Allied Prop. REIT (TSX: AP.UN). On October 29, analyst Ken Avalos gave a Buy rating to AP.UN and set a C$48 price target.
Avalos has an average return of 5.8% when recommending Allied Prop. REIT.
According to TipRanks.com, Avalos is ranked #993 out of 4895 analysts.
Currently, the analyst consensus on Allied Prop. REIT is a Strong Buy with an average price target of C$46.54.
The company has a one-year high of C$45.57 and a one-year low of C$38.71. Currently, Allied Prop. REIT has an average volume of 171.2K.
Allied Properties Real Estate Investment Trust engages in owning, management, and development of urban office environments. It offers services such as rental overview and search, available space, and tenant profile. The company was founded on October 25, 2002 and is headquartered in Toronto, Canada.
The company’s shares closed on Wednesday at C$42.30.
