Raymond James Lowers Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) Price Target to C$56.00

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYFGet Rating) had its price objective lowered by research analysts at Raymond James to C$56.00 in a report released on Monday, The Fly reports.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada lowered their price objective on shares of Canadian Apartment Properties Real Estate Investment Trust to C$58.00 in a research report on Thursday, November 10th. National Bank Financial cut their price objective on shares of Canadian Apartment Properties Real Estate Investment Trust to C$50.00 in a research report on Thursday, November 10th. Desjardins lowered their target price on shares of Canadian Apartment Properties Real Estate Investment Trust to C$60.00 in a report on Wednesday, August 17th. TD Securities boosted their target price on shares of Canadian Apartment Properties Real Estate Investment Trust to C$60.00 in a report on Friday, August 12th. Finally, Scotiabank decreased their price objective on shares of Canadian Apartment Properties Real Estate Investment Trust to C$54.50 in a research note on Wednesday, November 2nd.

Canadian Apartment Properties Real Estate Investment Trust Stock Up 0.5 %

OTCMKTS:CDPYF opened at $32.72 on Monday. Canadian Apartment Properties Real Estate Investment Trust has a fifty-two week low of $27.11 and a fifty-two week high of $47.48. The company has a 50 day moving average price of $31.17 and a 200 day moving average price of $34.23.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

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CAPREIT is one of Canada's largest real estate investment trusts. CAPREIT owns approximately 57,000 suites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,800 suites in the Netherlands. CAPREIT manages approximately 61,200 of its owned suites in Canada and Netherlands, and additionally approximately 3,800 suites in Ireland as at September 30, 2020.

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