Killam Apartment REIT Un (TSX: KMP.UN), the Financial sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Jonathan Kelcher from TD Securities rated Killam Apartment REIT Un (TSX: KMP.UN) a Buy, setting a C$16.50 price target.
Kelcher has an average return of 15.5% when recommending Killam Apartment REIT Un.
According to TipRanks.com, Kelcher is ranked #1258 out of 4850 analysts.
Currently, the analyst consensus on Killam Apartment REIT Un is a Moderate Buy with an average price target of C$15.93.
The company has a one-year high of C$15.74 and a one-year low of C$12.25. Currently, Killam Apartment REIT Un has an average volume of 205.6K.
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$15.61, close to its 52-week high of C$15.74.