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Artis Real Estate Investment Trust Unit - AX.UN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$7.13
  • Forecasted Upside: -6.00%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$7.58 As of 09/10/2024 01:00 AM ET
▲ +0.04 (0.53%)

This chart shows the closing price for AX.UN by one month, three months, or twelve months.

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Analyst Price Target for AX.UN

Analyst Price Target is C$7.13
▼ -6.00% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Artis Real Estate Investment Trust Unit in the last 3 months. The average price target is C$7.13, with a high forecast of C$8.00 and a low forecast of C$6.50. The average price target represents a -6.00% upside from the last price of C$7.58.

This chart shows the closing price for AX.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 contributing investment analysts is to hold stock in Artis Real Estate Investment Trust Unit. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/19/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/17/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/16/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/15/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/13/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/12/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/4/2024TD SecuritiesBoost TargetHoldC$6.50 ➝ C$7.00
5/6/2024ScotiabankBoost TargetC$6.50 ➝ C$7.00
3/4/2024TD SecuritiesLower TargetHoldC$7.00 ➝ C$6.50
3/4/2024Royal Bank of CanadaLower TargetSector PerformC$7.50 ➝ C$6.50
3/4/2024ScotiabankLower TargetC$7.50 ➝ C$6.50
11/8/2023LaurentianDowngradeBuy ➝ HoldC$9.50 ➝ C$8.00
11/6/2023TD SecuritiesBoost TargetHoldC$6.50 ➝ C$7.00
11/6/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector PerformC$8.00 ➝ C$7.50
7/18/2023National BanksharesLower TargetC$7.75 ➝ C$7.25
5/19/2023ScotiabankLower TargetC$10.50 ➝ C$9.00
5/16/2023National BanksharesLower TargetSector PerformC$8.00 ➝ C$7.75
5/16/2023Royal Bank of CanadaLower TargetSector PerformC$9.00 ➝ C$8.00
5/16/2023TD SecuritiesLower TargetHoldC$9.00 ➝ C$7.50
4/18/2023National BanksharesLower TargetC$9.00 ➝ C$8.00
3/2/2023National BanksharesLower TargetSector PerformC$9.50 ➝ C$9.00
3/2/2023Royal Bank of CanadaLower TargetSector PerformC$11.00 ➝ C$9.00
3/2/2023ScotiabankLower TargetC$12.25 ➝ C$10.50
3/2/2023TD SecuritiesLower TargetHoldC$9.50 ➝ C$9.00
1/30/2023National BanksharesLower TargetSector PerformC$10.00 ➝ C$9.50
11/8/2022BMO Capital MarketsLower TargetC$12.00 ➝ C$10.50
11/8/2022ScotiabankLower TargetC$14.50 ➝ C$12.25
11/7/2022TD SecuritiesLower TargetHoldC$11.00 ➝ C$10.50
11/7/2022Royal Bank of CanadaLower TargetSector PerformC$12.00 ➝ C$11.00
10/24/2022National BanksharesLower TargetC$11.50 ➝ C$10.00
10/20/2022TD SecuritiesLower TargetHoldC$12.00 ➝ C$11.00
8/8/2022ScotiabankBoost TargetC$14.00 ➝ C$14.50
8/8/2022National BanksharesBoost TargetSector PerformC$11.00 ➝ C$11.50
8/8/2022Royal Bank of CanadaBoost TargetSector PerformC$11.50 ➝ C$12.00
7/20/2022National BanksharesLower TargetSector PerformC$12.50 ➝ C$11.00
7/4/2022BMO Capital MarketsDowngradeOutperform ➝ HoldC$14.00 ➝ C$12.00
3/8/2022ScotiabankBoost TargetC$12.75 ➝ C$13.50
3/7/2022Laurentian Bank of CanadaBoost TargetBuyC$15.00
3/7/2022National BanksharesBoost TargetSector PerformC$12.25 ➝ C$12.50
3/7/2022Royal Bank of CanadaBoost TargetSector PerformC$12.00 ➝ C$13.00
3/7/2022BMO Capital MarketsBoost TargetC$13.00 ➝ C$14.00
3/7/2022CIBCBoost TargetNeutralC$12.50 ➝ C$13.50
3/7/2022LaurentianBoost TargetC$13.50 ➝ C$15.00
11/5/2021ScotiabankBoost TargetC$12.50 ➝ C$12.75
11/5/2021TD SecuritiesBoost TargetHoldC$12.00 ➝ C$13.00
9/22/2021CIBCReiterated RatingNeutralC$12.50
8/9/2021Royal Bank of CanadaBoost TargetSector PerformC$11.00 ➝ C$12.00
8/6/2021CIBCReiterated RatingNeutralC$12.50
7/19/2021National BanksharesBoost TargetC$11.50 ➝ C$12.25
7/19/2021National Bank FinancialBoost TargetNAC$12.25
6/28/2021TD SecuritiesBoost TargetHoldC$11.00 ➝ C$12.00
6/22/2021BMO Capital MarketsBoost TargetC$12.50 ➝ C$13.00
6/22/2021ScotiabankBoost TargetC$11.75 ➝ C$12.50
6/22/2021CIBCBoost TargetNeutralC$12.00 ➝ C$12.50
5/10/2021CIBCReiterated RatingNeutralC$12.00
5/10/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$13.00 ➝ C$11.00
4/1/2021ScotiabankBoost TargetC$11.00 ➝ C$11.75
3/11/2021TD SecuritiesLower TargetNAC$12.00 ➝ C$11.00
3/9/2021Royal Bank of CanadaBoost TargetOutperformC$12.00 ➝ C$13.00
3/4/2021TD SecuritiesDowngradeBuy ➝ HoldC$12.00
3/4/2021BMO Capital MarketsBoost TargetC$12.00 ➝ C$12.50
3/4/2021CIBCBoost TargetC$11.50 ➝ C$12.00
12/1/2020BMO Capital MarketsBoost TargetMarket PerformC$11.00 ➝ C$12.00
11/11/2020National Bank FinancialBoost TargetSector PerformC$9.50 ➝ C$10.00
11/9/2020Royal Bank of CanadaBoost TargetOutperformC$11.50 ➝ C$12.00
8/11/2020National Bank FinancialBoost TargetSector PerformC$8.75 ➝ C$9.50
8/10/2020TD SecuritiesBoost TargetBuyC$11.50 ➝ C$12.00
6/25/2020National Bank FinancialLower TargetC$9.50 ➝ C$8.75
5/12/2020Raymond JamesBoost TargetMarket PerformC$9.15 ➝ C$10.00
5/11/2020CIBCLower TargetC$12.50 ➝ C$10.25
5/11/2020ScotiabankLower TargetC$11.50 ➝ C$11.00
5/11/2020TD SecuritiesLower TargetBuyC$12.00 ➝ C$11.50
5/11/2020Royal Bank of CanadaLower TargetOutperformC$12.00 ➝ C$11.50
5/11/2020National Bank FinancialLower TargetSector PerformC$10.25 ➝ C$9.50
4/23/2020ScotiabankLower TargetC$13.25 ➝ C$11.50
4/15/2020Royal Bank of CanadaLower TargetOutperformC$13.50 ➝ C$12.00
4/14/2020National Bank FinancialLower TargetSector PerformC$14.00 ➝ C$10.25
3/18/2020Raymond JamesLower TargetMarket PerformC$13.00 ➝ C$9.15
3/3/2020National Bank FinancialBoost TargetSector PerformC$13.50 ➝ C$14.00
3/3/2020Raymond JamesSet TargetMarket PerformC$13.00
3/2/2020BMO Capital MarketsBoost TargetC$14.00 ➝ C$14.50
3/2/2020ScotiabankBoost TargetC$13.00 ➝ C$13.25
3/2/2020TD SecuritiesBoost TargetC$14.00 ➝ C$15.00
11/6/2019Raymond JamesSet TargetMarket PerformC$13.00
11/5/2019CIBCBoost TargetC$12.50 ➝ C$13.00
(Data available from 9/11/2019 forward)

News Sentiment Rating

1.55 (Strong Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/14/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/15/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/14/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/14/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/13/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/13/2024
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/12/2024
  • 7 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/11/2024

Current Sentiment

  • 7 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

Artis Real Estate Investment Trust Unit logo
Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. As of December 31, 2018, Artis' commercial property comprises approximately 25.1 million square feet of leasable area.
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Today's Range

Now: C$7.58
Low: C$7.49
High: C$7.59

50 Day Range

MA: C$6.75
Low: C$6.34
High: C$7.54

52 Week Range

Now: C$7.58
Low: C$5.51
High: C$7.61

Volume

290,355 shs

Average Volume

168,350 shs

Market Capitalization

C$792.11 million

P/E Ratio

N/A

Dividend Yield

8.49%

Beta

1.17

Frequently Asked Questions

What sell-side analysts currently cover shares of Artis Real Estate Investment Trust Unit?

The following sell-side analysts have issued reports on Artis Real Estate Investment Trust Unit in the last year: Laurentian, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for AX.UN.

What is the current price target for Artis Real Estate Investment Trust Unit?

4 Wall Street analysts have set twelve-month price targets for Artis Real Estate Investment Trust Unit in the last year. Their average twelve-month price target is C$7.13, suggesting a possible downside of 6.0%. Laurentian has the highest price target set, predicting AX.UN will reach C$8.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$6.50 for Artis Real Estate Investment Trust Unit in the next year.
View the latest price targets for AX.UN.

What is the current consensus analyst rating for Artis Real Estate Investment Trust Unit?

Artis Real Estate Investment Trust Unit currently has 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in AX.UN, but not buy more shares or sell existing shares.
View the latest ratings for AX.UN.

What other companies compete with Artis Real Estate Investment Trust Unit?

Other companies that are similar to Artis Real Estate Investment Trust Unit include H&R Real Estate Investment Trust, Cominar REIT, Crombie Real Estate Investment Trust, Automotive Properties Real Est Invt TR and Morguard Real Estate Inv.. Learn More about companies similar to Artis Real Estate Investment Trust Unit.

How do I contact Artis Real Estate Investment Trust Unit's investor relations team?

Artis Real Estate Investment Trust Unit's physical mailing address is 300-360 Main St, WINNIPEG, MB R3C 3Z3, Canada. The company's listed phone number is +1-204-9471250. The official website for Artis Real Estate Investment Trust Unit is www.artisreit.com. Learn More about contacing Artis Real Estate Investment Trust Unit investor relations.