Canadian Apartment Properties REIT (TSE:CAR.UN) had its price objective hoisted by CIBC from C$38.00 to C$38.50 in a research note released on Friday, March 16th.
TSE:CAR.UN opened at C$35.19 on Friday. Canadian Apartment Properties REIT has a 1-year low of C$31.93 and a 1-year high of C$37.94.
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About Canadian Apartment Properties REIT
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a Canada-based open-ended real estate investment trust. CAPREIT’s investment objectives are to provide unitholders with long-term, monthly cash distributions; grow normalized funds from operations (NFFO), distributions and Unit value through the management of its properties, acquisitions and financial management, and reinvest capital within the property portfolio.
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