Raymond James Financial Raises Automotive Properties Real Est Invt TR (TSE:APR.UN) Price Target to C$13.00

Automotive Properties Real Est Invt TR (TSE:APR.UN) had its target price lifted by equities research analysts at Raymond James Financial from C$12.50 to C$13.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial’s target price points to a potential upside of 11.78% from the stock’s current price.

Separately, Royal Bank Of Canada raised shares of Automotive Properties Real Est Invt TR from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$12.50 to C$13.00 in a research note on Friday. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Automotive Properties Real Est Invt TR has a consensus rating of “Moderate Buy” and an average target price of C$12.69.

Automotive Properties Real Est Invt TR Stock Performance

Shares of APR.UN opened at C$11.63 on Friday. Automotive Properties Real Est Invt TR has a 12-month low of C$9.04 and a 12-month high of C$11.91. The stock has a market cap of C$631.03 million, a P/E ratio of 13.70 and a beta of 0.73. The company has a current ratio of 2.24, a quick ratio of 0.02 and a debt-to-equity ratio of 78.62. The company has a 50-day moving average of C$11.36 and a two-hundred day moving average of C$11.24.

More Automotive Properties Real Est Invt TR News

Here are the key news stories impacting Automotive Properties Real Est Invt TR this week:

• Positive Sentiment: Canaccord Genuity raised its price target to C$13.50 and assigned a “buy” rating, implying roughly a 15.8% upside from the referenced price. BayStreet.CA
• Positive Sentiment: Raymond James increased its target to C$13.00 and moved to an “outperform” rating, representing about an 11.5% upside. BayStreet.CA
• Positive Sentiment: Royal Bank of Canada upgraded APR.UN from “sector perform” to “outperform” and bumped its target to C$13.00 (from C$12.50), signaling similar upside potential. BayStreet.CA
• Positive Sentiment: BMO Capital Markets raised its target to C$12.50 and kept a “market perform” rating — a smaller but still positive revision (~7.2% implied upside). BayStreet.CA
• Negative Sentiment: Counterweight risk — APR.UN carries relatively high leverage (debt-to-equity ~78.6) and a very low quick ratio, which could constrain investor enthusiasm and limit how far valuation expands despite the analyst momentum.

Automotive Properties Real Est Invt TR Company Profile

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. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT’s asset portfolio to maximize Unitholder value.