CIBC Boosts Canadian Apartment Properties REIT (CAR.UN) Price Target to C$38.50

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.

Analyst Recommendations for Canadian Apartment Properties REIT (TSE:CAR.UN)

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