Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Price Target Raised to C$20.25

Minto Apartment Real Estate Invt Trust (TSE:MI.UNFree Report) had its target price boosted by Raymond James from C$19.25 to C$20.25 in a report published on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also issued research reports about the stock. National Bankshares raised their price target on shares of Minto Apartment Real Estate Invt Trust from C$15.75 to C$19.25 and gave the company an outperform rating in a report on Monday. CIBC reduced their target price on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$19.00 and set an outperform rating on the stock in a report on Thursday, November 9th. Laurentian increased their price target on Minto Apartment Real Estate Invt Trust from C$16.00 to C$18.00 in a report on Monday, January 22nd. BMO Capital Markets cut their price objective on Minto Apartment Real Estate Invt Trust from C$17.50 to C$17.00 in a research report on Monday, November 13th. Finally, Scotiabank boosted their price target on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.75 and gave the stock a sector perform rating in a research report on Wednesday, January 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and an average target price of C$19.28.

Read Our Latest Research Report on MI.UN

Minto Apartment Real Estate Invt Trust Stock Performance

Minto Apartment Real Estate Invt Trust stock opened at C$16.72 on Tuesday. The company has a market cap of C$667.13 million, a price-to-earnings ratio of -9.29 and a beta of 1.13. Minto Apartment Real Estate Invt Trust has a 12 month low of C$12.81 and a 12 month high of C$17.45. The company has a debt-to-equity ratio of 100.91, a current ratio of 1.08 and a quick ratio of 0.04. The stock’s 50-day moving average is C$15.81 and its 200-day moving average is C$14.58.

Minto Apartment Real Estate Invt Trust Company Profile

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Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Ottawa, Calgary and Edmonton.

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Analyst Recommendations for Minto Apartment Real Estate Invt Trust (TSE:MI.UN)

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