Allied Properties Real Estate Investment Trust (APYRF) Gets a Buy Rating from CIBC
CIBC analyst Chris Couprie maintained a Buy rating on Allied Properties Real Estate Investment Trust (APYRF) yesterday and set a price target of C$58.00. The company’s shares closed last Monday at $42.20, equals to its 52-week high of $42.20.
According to TipRanks.com, Couprie is a 4-star analyst with an average return of 12.7% and a 82.1% success rate. Couprie covers the Financial sector, focusing on stocks such as NorthWest Healthcare Properties REIT, Summit Industrial Income REIT, and Invesque.
Allied Properties Real Estate Investment Trust has an analyst consensus of Moderate Buy, with a price target consensus of $42.51.
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The company has a one-year high of $42.20 and a one-year low of $35.25. Currently, Allied Properties Real Estate Investment Trust has an average volume of 1,002.
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Allied Properties Real Estate Investment Trust engages in owning, management, and development of urban office environments. It offers services such as rental overview and search, available space, and tenant profile. The company was founded by Michael R. Emory on October 25, 2002 and is headquartered in Toronto, Canada.