Automotive Properties Real Est Invt TR (APR.UN.TO) – What Are Investment Firms Saying About This Stock?

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$12.88.

Separately, Royal Bank Of Canada upped their target price on Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 18th.

Automotive Properties Real Est Invt TR Trading Up 0.7%

Shares of APR.UN stock traded up C$0.08 during trading hours on Friday, reaching C$12.19. 60,369 shares of the stock traded hands, compared to its average volume of 39,985. Automotive Properties Real Est Invt TR has a 1-year low of C$10.68 and a 1-year high of C$12.52. The company has a quick ratio of 0.02, a current ratio of 2.24 and a debt-to-equity ratio of 78.62. The firm has a market capitalization of C$672.80 million, a PE ratio of 10.85 and a beta of 0.74. The business has a fifty day moving average price of C$11.87 and a 200 day moving average price of C$11.90.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last released its quarterly earnings data on Thursday, August 13th. The company reported C$0.27 earnings per share for the quarter. The firm had revenue of C$30.21 million for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. On average, equities research analysts forecast that Automotive Properties Real Est Invt TR will post 1.01 EPS for the current year.

About Automotive Properties Real Est Invt TR

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.