Minto Apartment Real Estate Invt Trust (TSE:MI.UN) had its target price boosted by equities research analysts at BMO Capital Markets from C$18.50 to C$20.50 in a note issued to investors on Monday. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ target price suggests a potential upside of 12.45% from the company’s current price.

A number of other brokerages have also recently weighed in on MI.UN. Royal Bank of Canada lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Wednesday, November 14th. CIBC lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$18.00 to C$19.50 in a research report on Wednesday, November 14th. Raymond James lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Wednesday, November 14th. Finally, TD Securities lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$20.00 to C$22.00 and gave the company a “buy” rating in a research report on Wednesday, November 14th.

Shares of MI.UN opened at C$18.23 on Monday.

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