Killam Apartment REIT (KMP.UN) Price Target Increased to C$18.00 by Analysts at Raymond James

Killam Apartment REIT (TSE:KMP.UN) had its target price boosted by analysts at Raymond James from C$17.00 to C$18.00 in a report issued on Friday. The brokerage presently has an “outperform” rating on the stock. Raymond James’ target price indicates a potential upside of 8.24% from the stock’s current price.

Several other analysts also recently commented on KMP.UN. TD Securities upped their price objective on Killam Apartment REIT from C$16.50 to C$17.50 and gave the company a “buy” rating in a research note on Friday, August 10th. Desjardins upped their price objective on Killam Apartment REIT from C$16.00 to C$16.50 in a research note on Friday, August 10th. Industrial Alliance Securities upped their price objective on Killam Apartment REIT from C$16.25 to C$17.00 in a research note on Tuesday, August 14th. BMO Capital Markets upped their price objective on Killam Apartment REIT from C$16.50 to C$17.00 in a research note on Friday, August 17th. Finally, National Bank Financial upped their price objective on Killam Apartment REIT from C$16.50 to C$17.00 and gave the company an “outperform” rating in a research note on Wednesday, August 22nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$17.33.

KMP.UN opened at C$16.63 on Friday. Killam Apartment REIT has a 52 week low of C$12.04 and a 52 week high of C$14.76.

Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

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Analyst Recommendations for Killam Apartment REIT (TSE:KMP.UN)

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