Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Average Rating of “Moderate Buy” by Analysts

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$12.88.

Several analysts recently issued reports on APR.UN shares. Royal Bank Of Canada upped their price objective on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the company an “outperform” rating in a research note on Tuesday, August 18th. TD raised their target price on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research note on Friday, May 15th.

Automotive Properties Real Est Invt TR Stock Performance

TSE APR.UN opened at C$12.19 on Friday. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02. The stock’s 50 day simple moving average is C$12.18 and its 200-day simple moving average is C$11.84. The company has a market cap of C$672.80 million, a PE ratio of 10.85 and a beta of 0.78. Automotive Properties Real Est Invt TR has a 1-year low of C$10.68 and a 1-year high of C$12.52.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. The firm had revenue of C$30.21 million during the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%. As a group, equities research analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.