Allied Properties Real Estate Investment Trust (TSE:AP) Stock Lifted to “Moderate Buy” by ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of Allied Properties Real Estate Investment Trust (TSE:AP – Free Report) from a hold rating to a moderate buy rating in a report issued on Wednesday morning,Zacks reports.

Separately, National Bank Financial upgraded Allied Properties Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

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Allied Properties Real Estate Investment Trust Stock Performance

About Allied Properties Real Estate Investment Trust

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Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry. It also manufactures open-die forged products that principally are sold to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion industries.

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