Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target Raised to C$18.00 at National Bankshares

Minto Apartment Real Estate Invt Trust (TSE:MI.UNGet Free Report) had its price target lifted by analysts at National Bankshares from C$15.00 to C$18.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price objective points to a potential upside of 3.51% from the stock’s current price.

Separately, TD Securities dropped their price target on Minto Apartment Real Estate Invt Trust from C$17.00 to C$16.50 and set a “buy” rating on the stock in a research note on Friday, December 12th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$17.06.

Read Our Latest Report on MI.UN

Minto Apartment Real Estate Invt Trust Price Performance

Minto Apartment Real Estate Invt Trust stock traded up C$0.09 during mid-day trading on Tuesday, hitting C$17.39. The company’s stock had a trading volume of 539,888 shares, compared to its average volume of 1,300,804. The stock has a market capitalization of C$637.05 million, a P/E ratio of 9.30 and a beta of 1.00. Minto Apartment Real Estate Invt Trust has a twelve month low of C$11.94 and a twelve month high of C$17.39. The stock’s fifty day moving average price is C$13.50 and its two-hundred day moving average price is C$13.76. The company has a quick ratio of 0.04, a current ratio of 1.11 and a debt-to-equity ratio of 101.09.

Minto Apartment Real Estate Invt Trust Company Profile

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Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, Calgary and Vancouver.

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Analyst Recommendations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN)

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