Canadian Apartment Properties REIT (TSE:CAR.UN) Receives Average Recommendation of “Moderate Buy” from Analysts

Canadian Apartment Properties REIT ( TSE:CAR.UN – Get Free Report ) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports.

One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$55.06.



A number of research analysts recently issued reports on the company. TD Securities lifted their target price on Canadian Apartment Properties REIT from C$52.00 to C$53.

00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Raymond James lowered their price objective on shares of Canadian Apartment Properties REIT from C$54.50 to C$52.

00 in a research note on Thursday, February 20th. Finally, CIBC cut their target price on shares of Canadian Apartment Properties REIT from C$55.00 to C$50.

00 in a research note on Tuesday, February 18th. Check Out Our Latest Research Report on CAR.UN Canadian Apartment Properties REIT Stock Down 1.

0 % About Canadian Apartment Properties REIT ( Get Free Report Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company’s real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Featured Stories Receive News & Ratings for Canadian Apartment Properties REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Apartment Properties REIT and related companies with MarketBeat.

com's FREE daily email newsletter ..