Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) had its target price lifted by investment analysts at TD Securities from C$19.50 to C$21.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 21.39% from the stock’s current price.
A number of other brokerages have also issued reports on MI.UN. National Bankshares boosted their price target on shares of Minto Apartment Real Estate Invt Trust from C$15.75 to C$19.25 and gave the stock an “outperform” rating in a research note on Monday, January 29th. Desjardins raised their target price on Minto Apartment Real Estate Invt Trust from C$19.50 to C$21.00 and gave the company a “buy” rating in a report on Friday. Scotiabank boosted their target price on shares of Minto Apartment Real Estate Invt Trust from C$18.75 to C$19.25 and gave the stock a “sector perform” rating in a research report on Friday. BMO Capital Markets dropped their target price on shares of Minto Apartment Real Estate Invt Trust from C$17.50 to C$17.00 in a report on Monday, November 13th. Finally, Laurentian lifted their price target on shares of Minto Apartment Real Estate Invt Trust from C$16.00 to C$18.00 in a research report on Monday, January 22nd. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$20.10.
Check Out Our Latest Stock Report on MI.UN
Minto Apartment Real Estate Invt Trust Stock Performance
Minto Apartment Real Estate Invt Trust Company Profile
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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