Automotive Properties Real Est Invt TR (TSE:APR.UN) Given Average Recommendation of “Moderate Buy” by Analysts

Automotive Properties Real Est Invt TR (TSE:APR.UN) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$12.50.

APR.UN has been the subject of several research analyst reports. Desjardins cut their price target on Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set a “buy” rating for the company in a report on Friday, October 24th. Raymond James Financial cut their target price on shares of Automotive Properties Real Est Invt TR from C$12.75 to C$12.50 and set an “outperform” rating for the company in a report on Thursday, November 20th. Scotiabank decreased their price target on shares of Automotive Properties Real Est Invt TR from C$13.00 to C$12.50 and set a “sector perform” rating on the stock in a research note on Friday, October 24th. Finally, National Bankshares lifted their price objective on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a research note on Friday, October 24th.

Automotive Properties Real Est Invt TR Stock Performance

Shares of TSE APR.UN opened at C$11.07 on Thursday. 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 has a market cap of C$600.65 million, a P/E ratio of 13.04 and a beta of 0.25. The firm’s fifty day moving average is C$10.92 and its two-hundred day moving average is C$11.24. Automotive Properties Real Est Invt TR has a 52-week low of C$9.04 and a 52-week high of C$11.91.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.26 EPS for the quarter. Automotive Properties Real Est Invt TR had a net margin of 76.20% and a return on equity of 11.73%. The business had revenue of C$25.40 million during the quarter. As a group, analysts anticipate that Automotive Properties Real Est Invt TR will post 1.0136327 EPS for the current fiscal year.

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.