Analyst Price Target is C$15.47
▲ +19.73% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Allied Properties Real Estate Investment Trust in the last 3 months. The average price target is C$15.47, with a high forecast of C$18.00 and a low forecast of C$13.00. The average price target represents a 19.73% upside from the last price of C$12.92.
Current Consensus is
Hold
The current consensus among 8 contributing investment analysts is to hold stock in Allied Properties Real Estate Investment Trust. This rating changed within the last month from a Reduce consensus rating.
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.
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