Separately, Desjardins boosted their price objective on shares of Automotive Properties Real Est Invt TR from C$11.00 to C$11.75 and gave the stock a “buy” rating in a report on Wednesday, November 9th.
Automotive Properties Real Est Invt TR (TSE:APR.UN) received a C$12.00 target price from equities researchers at TD Securities in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.
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.