A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. BMO Capital’s analyst Troy MacLean reiterates their Buy rating on the shares of Minto Apartment Real Estate Investment Trust (MI.UN), with a C$23.50 price target.
According to TipRanks.com, MacLean is a 4-star analyst with an average return of 14.0% and a 77.6% success rate. MacLean covers the Financial sector, focusing on stocks such as NorthWest Healthcare Properties REIT, Summit Industrial Income REIT, and Pure Multi-Family REIT LP.
Currently, the analyst consensus on Minto Apartment Real Estate Investment Trust is a Strong Buy with an average price target of C$22.50, representing a 1.1% upside. In a report issued on August 14, RBC Capital also maintained a Buy rating on the stock with a C$23.50 price target.
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The company has a one-year high of C$22.80 and a one-year low of C$16.01. Currently, Minto Apartment Real Estate Investment Trust has an average volume of 65.33K.
Minto Apartment Real Estate Investment Trust engages in the ownership of multi-residential rental properties. Its objective is to provide shareholder’s an opportunity to invest in multi-residential rental properties and maximize long-term shareholder’s value through value-enhancing capital investment programs.
The company’s shares closed last Friday at C$22.45, close to its 52-week high of C$22.80.
