Mint Apartment Real Estate Investment Trust (TSE: MI.UN – Get Rating) Equity research analysts at National Bankshares raised their target price to C$17.50 from C$16.25 in a report issued Thursday, BayStreet.CA said. Brokers currently have an “outperform” rating on the stock. National Bankshares’ stock price target points to a 12.69% upside from the company’s previous closing price.
Many other equity research analysts have also commented on MI.UN. BMO Capital Markets lowered its price target for Minto Apartment Real Estate Invt Trust from C$29.00 to C$26.00 in a research report on Thursday, May 5th. CIBC lowered Minto Apartment Real Estate Invt Trust’s target price from C$23.00 to C$22.00, setting the company’s rating at “Outperform” in Thursday’s research note. Raymond James lowered his Minto Apartment Real Estate Invt Trust target price from C$28.00 to C$26.00, giving it a “strong buy” rating in its Thursday, May 5 report. TD Securities lowered Minto Apartment Real Estate Invt Trust’s price target from C$28.00 to C$27.00 and gave the stock a Buy rating in its Thursday, May 5 report. Finally, in a research note on Thursday, May 5, the Royal Bank of Canada lowered Minto Apartment Real Estate Invt Trust’s target price from C$29.00 to C$25.50, giving the stock an “outperform” rating. did. The investment analyst has one hold rating, five buy ratings, and one strong buy rating. According to MarketBeat.com, the company’s current consensus rating is “buy” and the consensus target price is C$24.18.
Minto Apartment Real Estate Invt Trust Price Performance
Shares of Minto Apartment Real Estate Invt Trust opened Thursday at C$15.53. The stock has a market capitalization of C$563.35 million and a price/earnings ratio of 4.14. The Minto Apartment Real Estate Invt Trust hit a 52-week low of $13.94 CAD and a 52-week high of $24.57 CAD. The stock has a 50-day moving average price of CAD 15.07 and a 200-day moving average price of CAD 18.58. The company has an equity ratio of 87.95, a quick ratio of 0.03 and a current ratio of 0.55.
Mint Apartment Real Estate Investment Trust Company Overview
(get rating)
Mint Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust incorporated pursuant to the Declaration of Trust under the Laws of Ontario to develop income-generating multifamily residences located in the Canadian urban market. owns The REIT owns a portfolio of high-quality, income-generating multifamily rental properties located in Toronto, Ottawa, Calgary and Edmonton.
Recommended story
Receive Minto Apartment Real Estate Invt Trust Daily news and ratings – Enter your email address below to receive daily brief summaries of the latest Minto Apartment Real Estate Invt Trust and affiliate news and analyst ratings in MarketBeat.com’s free daily email newsletter. I can do it.