TD Securities Increases Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target to C$12.00

Automotive Properties Real Est Invt TR (TSE:APR.UN) had its target price upped by equities research analysts at TD Securities from C$11.00 to C$12.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ target price suggests a potential upside of 3.99% from the company’s current price.

Automotive Properties Real Est Invt TR Price Performance

APR.UN stock opened at C$11.54 on Friday. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. The company’s fifty day moving average price is C$11.35 and its 200-day moving average price is C$10.69. Automotive Properties Real Est Invt TR has a one year low of C$9.04 and a one year high of C$12.78. The company has a market capitalization of C$566.04 million, a PE ratio of 7.59 and a beta of 0.92.

About Automotive Properties Real Est Invt TR

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec.