Automotive Properties Real Est Invt TR (TSE:APR.UN) Receives C$12.67 Consensus PT from Analysts

Shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$12.69.

Several analysts have recently issued reports on APR.UN shares. BMO Capital Markets lifted their target price on shares of Automotive Properties Real Est Invt TR from C$12.00 to C$12.50 and gave the company a “market perform” rating in a research report on Friday. Raymond James Financial upped their price target on shares of Automotive Properties Real Est Invt TR from C$12.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Friday. Royal Bank Of Canada upgraded Automotive Properties Real Est Invt TR from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$12.50 to C$13.00 in a report on Friday. Finally, Canaccord Genuity Group boosted their price objective on Automotive Properties Real Est Invt TR from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Friday.

Key Stories Impacting Automotive Properties Real Est Invt TR

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 Price Performance

Automotive Properties Real Est Invt TR stock opened at C$11.63 on Friday. The stock has a market capitalization of C$631.03 million, a P/E ratio of 13.70 and a beta of 0.73. The company’s fifty day moving average price is C$11.36 and its 200 day moving average price is C$11.24. The company has a debt-to-equity ratio of 78.62, a quick ratio of 0.02 and a current ratio of 2.24. Automotive Properties Real Est Invt TR has a 1 year low of C$9.04 and a 1 year high of C$11.91.

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. 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.