Allied Properties Real Estate Investment Trust (TSE:AP.UN) Given Average Recommendation of “Hold” by Analysts

Allied Properties Real Estate Investment Trust (TSE:AP.UN) has received an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$19.68.

Separately, Raymond James dropped their price objective on Allied Properties Real Estate Investment Trust from C$20.00 to C$19.00 in a research note on Monday, January 13th.

Allied Properties Real Estate Investment Trust Price Performance

Shares of TSE AP.UN opened at C$15.44 on Tuesday. The company has a debt-to-equity ratio of 71.71, a quick ratio of 0.12 and a current ratio of 0.45. Allied Properties Real Estate Investment Trust has a fifty-two week low of C$15.13 and a fifty-two week high of C$20.74. The stock has a market cap of C$1.98 billion, a PE ratio of -4.18 and a beta of 1.26. The stock has a fifty day moving average of C$16.93 and a 200-day moving average of C$17.88.

Allied Properties Real Estate Investment Trust Company Profile

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.