Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) had its price target cut by equities researchers at BMO Capital Markets from C$19.00 to C$18.50 in a research report issued on Monday, BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 23.17% from the stock’s current price.
A number of other brokerages also recently issued reports on MI.UN. National Bankshares upped their price objective on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 in a research report on Wednesday, October 9th. Raymond James dropped their target price on Minto Apartment Real Estate Invt Trust from C$20.25 to C$19.75 in a research report on Thursday, August 15th. TD Securities increased their target price on Minto Apartment Real Estate Invt Trust from C$21.00 to C$22.00 in a research report on Thursday, August 15th. Finally, Royal Bank of Canada lowered their price objective on Minto Apartment Real Estate Invt Trust from C$22.00 to C$21.50 in a research report on Thursday, August 15th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Minto Apartment Real Estate Invt Trust currently has an average rating of “Moderate Buy” and a consensus target price of C$19.98.
Check Out Our Latest Report on Minto Apartment Real Estate Invt Trust
Minto Apartment Real Estate Invt Trust Stock Performance
Minto Apartment Real Estate Invt Trust Company Profile
Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton.
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