Allied Properties Real Estate Investment Trust (TSE:AP.UN) Sets New 12-Month Low – Should You Sell?

Allied Properties Real Estate Investment Trust (TSE:AP.UN) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$10.41 and last traded at C$10.56, with a volume of 1964156 shares traded. The stock had previously closed at C$14.05.

Key Allied Properties Real Estate Investment Trust News

Here are the key news stories impacting Allied Properties Real Estate Investment Trust this week:

• Positive Sentiment: Desjardins upgraded Allied from “sell” to “hold” and set a C$9.50 price target (down from C$12.50), signaling some stabilization in analyst stance despite the lower target. Desjardins upgrade to hold
• Neutral Sentiment: The Globe and Mail reports Allied raised about C$560 million via a share sale to pay down debt — this lowers near‑term refinancing/default risk and improves the balance sheet but is dilutive to existing unitholders; the net effect will depend on how much leverage is reduced and on future cash flow/FFO recovery. Allied raises $560‑million in share sale
• Negative Sentiment: Yahoo Finance highlights a roughly 35% price decline tied to the equity raise and a reported leadership shift — the combination prompted a large volume sell‑off as investors priced in dilution, governance/strategy uncertainty, and a re‑rating of the trust. Allied down 35% after equity raise and leadership shift

Wall Street Analyst Weigh In

AP.UN has been the subject of a number of research reports. Scotiabank reduced their target price on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$15.75 and set a “sector perform” rating for the company in a report on Thursday, December 4th. Royal Bank Of Canada reduced their price objective on Allied Properties Real Estate Investment Trust from C$18.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st. Canadian Imperial Bank of Commerce decreased their target price on Allied Properties Real Estate Investment Trust from C$17.00 to C$15.50 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Raymond James Financial raised Allied Properties Real Estate Investment Trust from an “underperform” rating to a “market perform” rating and cut their target price for the stock from C$14.75 to C$14.00 in a research report on Tuesday, December 2nd. Finally, TD Securities decreased their price target on Allied Properties Real Estate Investment Trust from C$16.00 to C$14.50 and set a “hold” rating for the company in a research report on Friday, December 12th. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of C$14.53.

Allied Properties Real Estate Investment Trust Stock Performance

The firm’s 50 day simple moving average is C$13.56 and its 200-day simple moving average is C$16.17. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45. The company has a market capitalization of C$1.33 billion, a price-to-earnings ratio of -2.31 and a beta of 1.65.

Allied Properties Real Estate Investment Trust (TSE:AP.UN) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported C($7.93) EPS for the quarter. The business had revenue of C$148.77 million during the quarter. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%. Analysts expect that Allied Properties Real Estate Investment Trust will post 1.8404851 EPS for the current year.

Allied Properties Real Estate Investment Trust Company Profile

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada’s major cities. Most of the total square footage in the company’s real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada.