Canadian Apartment (CAR.UN), the Financial sector company, was revisited by a Wall Street analyst today. 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 22.6% when recommending Canadian Apartment.
According to TipRanks.com, Avalos is ranked #679 out of 5220 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Apartment with a C$50.25 average price target.
Canadian Apartment’s market cap is currently C$7B and has a P/E ratio of 7.8. The company has a Price to Book ratio of 1.27.
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$50.43.
