Automotive Properties Real Est Invt TR (TSE:APR.UN) Stock Has Average Target Price of C$12.88

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$12.88.

Separately, Royal Bank Of Canada upped their price target 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 report on Tuesday, August 18th.

Automotive Properties Real Est Invt TR Price Performance

APR.UN stock opened at C$11.39 on Tuesday. The stock’s 50 day moving average is C$12.03 and its two-hundred day moving average is C$11.87. Automotive Properties Real Est Invt TR has a 52-week low of C$10.68 and a 52-week high of C$12.52. The company has a market capitalization of C$618.60 million, a PE ratio of 10.14 and a beta of 0.66. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last released its earnings results on Thursday, August 13th. The company reported C$0.27 EPS for the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%.The company had revenue of C$30.21 million during the quarter. Analysts predict that Automotive Properties Real Est Invt TR will post 1.0136327 earnings per share for the current fiscal year.

Automotive Properties Real Est Invt TR Company Profile

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.