The Financial sector company, Nthview Apartment REIT (TSX: NVU.UN), has received a rating update from a Wall Street analyst on June 27. TD Securities’ analyst Jonathan Kelcher upgraded NVU.UN to Buy on June 27 , with a C$30 price target.
According to TipRanks.com, Kelcher is ranked #1345 out of 4825 analysts.
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Nthview Apartment REIT has an analyst consensus of Moderate Buy, with a price target consensus of C$28.38, which is a 8.0% upside from current levels. In a report issued on June 25, CIBC also reiterated a Buy rating on the stock with a C$29 price target.
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Nthview Apartment REIT’s market cap is currently C$1.34B and has a P/E ratio of 5.7. The company has a Price to Book ratio of 1.02.
Northview Apartment Real Estate Investment Trust is an open-end real estate investment trust, which engages in investing in a portfolio of residential income-producing properties. It operates through the following geogprahical segments: Atlantic Canda, Nothern Canada, Ontario, Quebec, and Western Canada.
The company’s shares closed on Friday at C$26.28.
