Canadian Apartment Properties REIT (TSE:CAR.UN) Price Target Cut to C$36.50 by Analysts at Raymond James Financial

Canadian Apartment Properties REIT (TSE:CAR.UN) had its price target decreased by investment analysts at Raymond James Financial from C$37.00 to C$36.50 in a report released on Monday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial‘s price objective points to a potential upside of 17.17% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. ATB Cormark Capital Markets dropped their price objective on shares of Canadian Apartment Properties REIT from C$48.00 to C$43.00 and set an “outperform” rating for the company in a research note on Tuesday, August 11th. Canadian Imperial Bank of Commerce decreased their target price on shares of Canadian Apartment Properties REIT from C$45.00 to C$40.00 in a research report on Monday, August 10th. Four analysts have rated the stock with a Buy rating. According to MarketBeat.com, Canadian Apartment Properties REIT currently has a consensus rating of “Buy” and an average price target of C$43.21.

Canadian Apartment Properties REIT Stock Performance

Shares of TSE CAR.UN traded down C$0.33 during trading hours on Monday, reaching C$31.15. The stock had a trading volume of 466,988 shares, compared to its average volume of 496,099. The business’s fifty day moving average is C$31.71 and its two-hundred day moving average is C$34.82. The company has a debt-to-equity ratio of 76.05, a current ratio of 0.36 and a quick ratio of 0.16. The company has a market cap of C$4.74 billion, a price-to-earnings ratio of -14.40, a PEG ratio of -10.12 and a beta of 0.61. Canadian Apartment Properties REIT has a twelve month low of C$30.80 and a twelve month high of C$40.01.

Canadian Apartment Properties REIT (TSE:CAR.UN) last issued its earnings results on Wednesday, November 4th. The company reported C($1.14) EPS for the quarter. Canadian Apartment Properties REIT had a negative return on equity of 1.08% and a negative net margin of 4.95%. The firm had revenue of C$246.62 million during the quarter.

Canadian Apartment Properties REIT Company Profile

CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2026, CAPREIT owns approximately 45,400 residential apartment suites and townhomes (excluding approximately 100 suites classified as assets held for sale), that are well-located across Canada and, to a lesser extent, the Netherlands, with a total fair value of approximately $14.4 billion (excluding approximately $21.6 million of assets held for sale). For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosures which can be found under our profile at www.sedarplus.ca.