Killam Apartment REIT (OTCMKTS:KMMPF) Receives Average Recommendation of “Moderate Buy” from Analysts

Killam Apartment REIT (OTCMKTS:KMMPFGet Rating) has been assigned a consensus rating of “Buy” from the eleven research firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $23.48.

Several research analysts have weighed in on KMMPF shares. Scotiabank cut their price target on Killam Apartment REIT from C$23.75 to C$23.00 in a report on Monday, August 15th. National Bank Financial lowered their price objective on shares of Killam Apartment REIT from C$25.00 to C$19.25 in a research note on Wednesday, July 20th. Desjardins lowered their price objective on shares of Killam Apartment REIT from C$25.00 to C$22.50 in a research note on Wednesday, August 17th. TD Securities boosted their price objective on shares of Killam Apartment REIT from C$21.00 to C$22.00 in a research note on Friday, August 12th. Finally, Raymond James lowered their price objective on shares of Killam Apartment REIT from C$24.00 to C$22.00 in a research note on Monday, August 15th.

Killam Apartment REIT Trading Down 3.6 %

Shares of KMMPF opened at $11.64 on Friday. The stock has a fifty day moving average of $13.29 and a two-hundred day moving average of $14.51. Killam Apartment REIT has a fifty-two week low of $11.59 and a fifty-two week high of $18.62.

Killam Apartment REIT Company Profile

(Get Rating)

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $3.6 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.

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Analyst Recommendations for Killam Apartment REIT (OTCMKTS:KMMPF)

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