Killam Apartment REIT Un (KMP.UN) has received a rating update from a Wall Street analyst yesterday. Analyst Mario Saric from Scotiabank rated Killam Apartment REIT Un (KMP.UN) a Hold, setting a C$18.75 price target.
According to TipRanks.com, Saric is ranked #760 out of 5220 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Moderate Buy with an average price target of C$18.75.
Based on Killam Apartment REIT Un’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$44.26 million. In comparison, last year the company had a net profit of C$37.83 million.
Killam Apartment REIT engages in the ownership, management and development of multi-family residential properties. It operates through the following segments: Apartments, Manufactured Home Communities, and Other. The Apartments segment includes property revenue, property operating expenses and fair value of investment property by region.
The company’s shares closed on Thursday at C$18.23, close to its 52-week high of C$18.44.
