National Bank Financial began coverage on shares of Automotive Properties Real Est Invt TR (TSE:APR.UN) in a research report report published on Tuesday, May 9th. The brokerage issued an outperform rating and a C$11.75 target price on the stock.
APR.UN has been the topic of a number of other reports. TD Securities set a C$12.00 price target on shares of Automotive Properties Real Est Invt TR and gave the stock a buy rating in a research report on Thursday, February 9th. CIBC reissued an outperform rating and set a C$11.25 price target on shares of Automotive Properties Real Est Invt TR in a research report on Thursday, March 16th.
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Automotive Properties Real Est Invt TR Company Profile
Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.
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