Killam Apartment REIT (KMP.UN) Given New C$18.00 Price Target at Raymond James
Killam Apartment REIT (TSE:KMP.UN) had its target price lifted by Raymond James from C$17.00 to C$18.00 in a report released on Friday morning. Raymond James currently has an outperform rating on the stock.
Other analysts also recently issued reports about the stock. CIBC lifted their price target on shares of Killam Apartment REIT from C$16.50 to C$18.50 in a report on Friday. TD Securities lifted their price target on shares of Killam Apartment REIT from C$17.50 to C$18.50 in a report on Thursday. National Bank Financial lifted their price target on shares of Killam Apartment REIT from C$17.00 to C$18.00 in a report on Thursday, November 1st. Canaccord Genuity lifted their price target on shares of Killam Apartment REIT from C$15.85 to C$16.50 in a report on Monday, October 29th. Finally, Desjardins lifted their price target on shares of Killam Apartment REIT from C$16.00 to C$16.50 in a report on Friday, August 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of C$17.33.
Shares of KMP.UN stock traded up C$0.14 on Friday, hitting C$16.63. 161,406 shares of the stock traded hands, compared to its average volume of 214,499. Killam Apartment REIT has a 52 week low of C$12.04 and a 52 week high of C$14.76.
About Killam Apartment REIT
Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.
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