Trade Report: The Canadian Apartment Properties REIT’s (CAR.UN) “Outperform” Rating Reiterated at BMO Capital Markets

The Canadian Apartment Properties REIT’s (CAR.UN) “Outperform” Rating Reiterated at BMO Capital Markets

Canadian Apartment Properties REIT (TSE:CAR.UN)‘s stock had its “outperform” rating restated by equities researchers at BMO Capital Markets in a research note issued to investors on Thursday.

A number of other equities research analysts have also recently weighed in on CAR.UN. Scotiabank restated a “sector perform” rating and issued a C$31.50 price target on shares of Canadian Apartment Properties REIT in a report on Monday, July 4th. TD Securities upped their price target on Canadian Apartment Properties REIT from C$35.00 to C$36.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. Royal Bank Of Canada restated an “outperform” rating and issued a C$33.00 price target on shares of Canadian Apartment Properties REIT in a report on Wednesday, July 6th. Finally, Raymond James Financial Inc. upgraded Canadian Apartment Properties REIT from a “market perform” rating to an “outperform” rating and set a C$32.00 price target on the stock in a report on Monday, September 19th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Canadian Apartment Properties REIT currently has an average rating of “Buy” and a consensus target price of C$32.67.

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