Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF) PT Lowered to C$52.00 at TD Securities

Allied Properties Real Estate Investment Trust (OTCMKTS:APYRF – Get Rating) had its price objective decreased by TD Securities from C$53.00 to C$52.00 in a research note released on Friday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Scotiabank dropped their target price on shares of Allied Properties Real Estate Investment Trust from C$53.00 to C$52.50 in a report on Friday, February 4th. Canaccord Genuity Group downgraded shares of Allied Properties Real Estate Investment Trust from a buy rating to a hold rating in a report on Wednesday, April 6th. Finally, National Bank Financial dropped their target price on shares of Allied Properties Real Estate Investment Trust from C$52.00 to C$51.00 in a report on Thursday, February 3rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Allied Properties Real Estate Investment Trust has a consensus rating of Buy and a consensus price target of $50.94.

Allied Properties Real Estate Investment Trust stock opened at $32.69 on Friday. The firm’s fifty day simple moving average is $36.04 and its 200-day simple moving average is $34.94. Allied Properties Real Estate Investment Trust has a 1-year low of $31.41 and a 1-year high of $38.46.

Allied Properties Real Estate Investment Trust Company Profile (Get Rating)

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

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