Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) In a research note issued to investors on Friday, investment analysts at TD Securities raised their price target from C$19.50 to C$21.00, BayStreet.CA reports. The brokerage currently rates the stock as a “buy.” TD Securities' price target indicates a potential upside of 22.16% from the current price.
Other equity research analysts have also recently published reports on this stock. Desjardins increased their target price on shares of Mint Apartment Real Estate Invest Trust from CA$19.50 to CA$21.00 and gave the company a “buy” rating in a research report on Friday. Laurentian increased their target price on shares of Mint Apartment Real Estate Invest Trust from CA$16.00 to CA$18.00 in a research report on Monday, January 22nd. CIBC raised their target price on shares of Mint Apartment Real Estate Invent Trust from CA$19.00 to CA$21.00 and gave the company an “outperform” rating in a research report on Friday. BMO Capital Markets lowered their target price on shares of Mint Apartment Real Estate Invest Trust from CA$17.50 to CA$17.00 in a research report on Monday, November 13th. Finally, National Bankshares increased their target price on shares of Minto Apartment Real Estate Invt Trust from CA$15.75 to CA$19.25 and gave the company an “outperform” rating in a research report on Monday, January 29th. 1 research analyst has rated the stock as a hold and 7 have rated it a buy. Based on MarketBeat data, the company has an average rating of “Moderate Buy” and a consensus price target of CA$20.10.
Get the latest research report on Minto Apartment Real Estate Invt Trust
Price performance of Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust shares began trading at C$17.19 on Friday. The company has a market capitalization of CA$685.88 million, a P/E ratio of -9.55x, and a beta of 1.19x. Minto Apartment Real Estate Invt Trust has a 52-week low of CA$12.81 and a 52-week high of CA$17.89. The company has a quick ratio of 0.04, a current ratio of 1.08 and a debt-to-equity ratio of 100.91. The company's 50 day moving average is CA$16.60 and its 200 day moving average is CA$15.03.
Minto Apartment Real Estate Invt Trust Company Profile
(Get Free Report)
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 apartment buildings in Canadian urban markets. The REIT owns a portfolio of high-quality, income-producing multifamily rental properties located in Toronto, Ottawa, Calgary and Edmonton.
Featured articles
Receive daily Minto Apartment Real Estate Invt Trust news and reviews – Enter your email address below to receive a concise, daily summary of the latest news and analyst ratings for Minto Apartment Real Estate Invt Trust and related companies in MarketBeat.com's free daily email newsletter. please.
