A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Ken Avalos from Raymond James rated Canadian Apartment (CAR.UN) a Buy, setting a C$52 price target.
Avalos has an average return of 25.2% when recommending Canadian Apartment.
According to TipRanks.com, Avalos is ranked #1243 out of 4918 analysts.
Currently, the analyst consensus on Canadian Apartment is a Hold with an average price target of C$49.53.
The company has a one-year high of C$49.45 and a one-year low of C$34.43. Currently, Canadian Apartment has an average volume of 220.3K.
Canadian Apartment Properties Real Estate Investment Trust owns and operates a portfolio of multi-unit residential rental properties, including apartments, townhomes and manufactured home communities located in and near major urban centers across Canada.
The company’s shares closed on Thursday at C$47.45, close to its 52-week high of C$49.45.
