Allied Properties Real Estate Investment (TSE:AP.UN) had its price target upped by Royal Bank Of Canada from C$41.00 to C$42.00 in a report released on Friday morning. The firm currently has an outperform rating on the real estate investment trust’s stock.

Several other research analysts have also recently weighed in on AP.UN. Scotiabank boosted their price target on shares of Allied Properties Real Estate Investment from C$39.50 to C$41.00 and gave the stock an outperform rating in a report on Friday. CIBC boosted their price target on shares of Allied Properties Real Estate Investment from C$38.50 to C$42.00 in a report on Friday. TD Securities boosted their price target on shares of Allied Properties Real Estate Investment from C$40.00 to C$43.00 and gave the stock a buy rating in a report on Thursday, June 29th. Canaccord Genuity boosted their price target on shares of Allied Properties Real Estate Investment from C$36.50 to C$37.00 and gave the stock a hold rating in a report on Friday, May 5th. Finally, Raymond James Financial, Inc. boosted their price target on shares of Allied Properties Real Estate Investment from C$38.00 to C$40.00 and gave the stock an outperform rating in a report on Monday, May 15th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of C$39.84.

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Allied Properties Real Estate Investment Company Profile

Allied Properties Real Estate Investment Trust is a closed-end real estate investment trust (REIT). The Trust is an owner, manager and developer of urban office properties. The Trust operates in nine urban markets in Canada: Toronto, Kitchener, Ottawa, Montreal, Quebec City, Winnipeg, Calgary, Edmonton and Vancouver.

Analyst Recommendations for Allied Properties Real Estate Investment (TSE:AP.UN)

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