Killam Apartment REIT (OTCMKTS:KMMPF) Given Average Recommendation of “Buy” by Brokerages

Killam Apartment REIT (OTCMKTS:KMMPF) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a buy rating.

Several research analysts recently weighed in on the company. TD Securities reissued a “buy” rating on shares of Killam Apartment REIT in a research report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Killam Apartment REIT in a research note on Friday.

Killam Apartment REIT Stock Performance

KMMPF opened at $12.37 on Friday. The stock has a fifty day moving average of $12.40 and a 200-day moving average of $12.53. Killam Apartment REIT has a 12-month low of $11.36 and a 12-month high of $14.48.

Killam Apartment REIT Company Profile

Killam Apartment REIT (OTCMKTS: KMMPF) is a Canadian real estate investment trust that acquires, owns and manages a diversified portfolio of residential rental properties. Listed on the Toronto Stock Exchange under the symbol KMP.UN and trading in the United States on the OTC Market, the trust focuses on the long-term ownership of multi-unit residential assets. Its business model combines property management expertise with a disciplined approach to acquisitions and development, aiming to deliver stable rental income and capital growth.

The REIT’s portfolio spans Atlantic Canada, Ontario, Alberta and British Columbia, with a concentration of properties in Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island.