TSE:CAR.UN - Canadian Apartment Properties REIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$64.06
  • Forecasted Upside: 8.94 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 2 Strong Buy Ratings
C$58.80
▼ -0.08 (-0.14%)
1 month | 3 months | 12 months
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Analyst Price Target for CAR.UN

Average Price Target: C$64.06
▲ +8.94% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Canadian Apartment Properties REIT in the last 3 months. The average price target is C$64.06, with a high forecast of C$68.00 and a low forecast of C$60.00. The average price target represents a 8.94% upside from the last price of C$58.80.

Buy

The current consensus among 5 contributing investment analysts is to buy stock in Canadian Apartment Properties REIT. This rating has held steady since April 2021, when it changed from a Strong Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 2 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/26/2019
  • 2 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/25/2020
  • 2 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2020
  • 2 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/21/2020
  • 2 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/20/2020
  • 2 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/20/2021
  • 2 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/19/2021
  • 2 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/18/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/17/2021Raymond JamesBoost Price TargetStrong-BuyC$67.00 ➝ C$68.00
5/18/2021ScotiabankBoost Price TargetC$57.50 ➝ C$61.00
5/17/2021National Bank FinancialBoost Price TargetOutperformC$65.00 ➝ C$65.50
5/17/2021Raymond JamesBoost Price TargetStrong-BuyC$61.00 ➝ C$67.00
5/17/2021National BanksharesBoost Price TargetOutperformC$65.00 ➝ C$65.50
5/17/2021Canaccord GenuityBoost Price TargetC$59.00 ➝ C$62.50
5/17/2021CIBCBoost Price TargetC$56.00 ➝ C$60.00
5/17/2021TD SecuritiesBoost Price TargetAction List BuyC$63.00 ➝ C$67.00
5/17/2021BMO Capital MarketsBoost Price TargetC$59.00 ➝ C$62.00
5/17/2021Royal Bank of CanadaBoost Price TargetOutperformC$64.00 ➝ C$65.00
5/14/2021Raymond JamesBoost Price TargetStrong-BuyC$61.00 ➝ C$67.00
3/1/2021Royal Bank of CanadaBoost Price TargetOutperformC$59.00 ➝ C$64.00
2/26/2021CIBCBoost Price TargetC$52.00 ➝ C$56.00
2/26/2021National Bank FinancialBoost Price TargetOutperformC$60.00 ➝ C$62.00
2/25/2021Raymond JamesReiterated RatingStrong-BuyC$61.00
12/11/2020Raymond JamesUpgradeOutperform ➝ Strong-BuyC$58.75 ➝ C$61.00
11/12/2020ScotiabankBoost Price TargetC$56.25 ➝ C$57.50
11/11/2020CIBCLower Price TargetC$54.00 ➝ C$52.00
11/11/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$57.00 ➝ C$59.00
11/11/2020TD SecuritiesBoost Price TargetAction List BuyC$59.00 ➝ C$60.00
11/11/2020National Bank FinancialBoost Price TargetOutperformC$59.00 ➝ C$60.00
11/10/2020Raymond JamesSet Price TargetOutperformC$55.50
9/24/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$59.00
8/31/2020ScotiabankLower Price TargetC$56.75 ➝ C$56.25
5/27/2020BMO Capital MarketsLower Price TargetC$63.00 ➝ C$57.50
5/21/2020Raymond JamesSet Price TargetOutperformC$55.50
5/20/2020Royal Bank of CanadaBoost Price TargetSector PerformC$54.00 ➝ C$57.00
5/20/2020ScotiabankBoost Price TargetC$56.60 ➝ C$57.50
5/20/2020CIBCLower Price TargetC$54.50 ➝ C$54.00
5/20/2020National Bank FinancialBoost Price TargetOutperformC$58.00 ➝ C$59.00
5/19/2020TD SecuritiesBoost Price TargetBuyC$57.00 ➝ C$59.00
5/4/2020ScotiabankLower Price TargetC$60.00 ➝ C$56.50
4/14/2020National Bank FinancialLower Price TargetOutperformC$65.00 ➝ C$58.00
4/9/2020Royal Bank of CanadaLower Price TargetSector PerformC$61.00 ➝ C$54.00
3/30/2020CIBCLower Price TargetC$60.00 ➝ C$54.50
3/18/2020Raymond JamesLower Price TargetOutperformC$60.00 ➝ C$55.50
2/28/2020TD SecuritiesBoost Price TargetBuyC$63.00 ➝ C$66.00
2/28/2020Raymond JamesSet Price TargetOutperformC$60.00
2/28/2020Canaccord GenuityUpgradeHold ➝ BuyC$56.00 ➝ C$62.00
2/28/2020CIBCBoost Price TargetC$56.00 ➝ C$60.00
2/28/2020Royal Bank of CanadaBoost Price TargetSector PerformC$58.00 ➝ C$61.00
1/27/2020National Bank FinancialBoost Price TargetOutperformC$63.00 ➝ C$65.00
12/9/2019National Bank FinancialSet Price TargetOutperformC$63.00
11/18/2019Royal Bank of CanadaBoost Price TargetSector PerformC$55.00 ➝ C$58.00
11/15/2019CIBCBoost Price TargetC$53.00 ➝ C$55.00
11/15/2019Raymond JamesReiterated RatingOutperformC$58.00
11/15/2019TD SecuritiesBoost Price TargetBuyC$61.00 ➝ C$63.00
10/16/2019National Bank FinancialBoost Price TargetOutperformC$57.00 ➝ C$61.50
9/4/2019Canaccord GenuityDowngradeBuy ➝ HoldC$53.00 ➝ C$55.50
8/19/2019BMO Capital MarketsBoost Price TargetC$55.00 ➝ C$57.00
8/19/2019Royal Bank of CanadaBoost Price TargetSector PerformC$54.00 ➝ C$55.00
8/15/2019CIBCBoost Price TargetC$52.00 ➝ C$53.00
8/15/2019Raymond JamesReiterated RatingBuy ➝ OutperformC$52.00
8/15/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$52.00 ➝ C$57.00
8/15/2019TD SecuritiesBoost Price TargetBuyC$57.00 ➝ C$58.00
6/3/2019BMO Capital MarketsBoost Price TargetOutperformC$50.00 ➝ C$55.00
5/16/2019Raymond JamesReiterated RatingOutperformC$52.00
5/16/2019CIBCBoost Price TargetC$50.00 ➝ C$52.00
5/16/2019Royal Bank of CanadaBoost Price TargetSector PerformC$53.00 ➝ C$54.00
5/16/2019National Bank FinancialBoost Price TargetC$51.00 ➝ C$52.00
4/23/2019National Bank FinancialSet Price TargetSector PerformC$51.00
4/2/2019National Bank FinancialReiterated RatingSector PerformC$50.00
3/5/2019Royal Bank of CanadaBoost Price TargetSector PerformC$50.00 ➝ C$53.00
2/28/2019Raymond JamesReiterated RatingOutperformC$52.00
2/28/2019TD SecuritiesBoost Price TargetBuyC$52.00 ➝ C$54.00
2/28/2019CIBCBoost Price TargetC$49.00 ➝ C$50.00
2/12/2019National Bank FinancialBoost Price TargetSector PerformC$47.00 ➝ C$50.00
1/7/2019National Bank FinancialSet Price TargetSector PerformC$47.00
1/7/2019CIBCReiterated RatingNeutralC$49.00
1/7/2019TD SecuritiesUpgradeHold ➝ BuyC$51.00 ➝ C$52.00
1/6/2019Canaccord GenuityReiterated RatingBuyC$51.00
12/12/2018National Bank FinancialReiterated RatingSector PerformC$47.00
11/9/2018National Bank FinancialBoost Price TargetSector PerformC$46.00 ➝ C$47.00
11/8/2018Raymond JamesBoost Price TargetOutperformC$50.00 ➝ C$52.00
11/8/2018Royal Bank of CanadaBoost Price TargetSector PerformC$49.00 ➝ C$50.00
11/8/2018TD SecuritiesBoost Price TargetAverage ➝ HoldC$48.00 ➝ C$51.00
11/1/2018National Bank FinancialBoost Price TargetC$45.00 ➝ C$46.00
10/1/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$46.00 ➝ C$49.00
9/26/2018CIBCBoost Price TargetC$46.00 ➝ C$49.00
8/22/2018National Bank FinancialBoost Price TargetSector PerformC$44.50 ➝ C$45.00
8/21/2018BMO Capital MarketsReiterated RatingOutperformC$50.00
8/14/2018Raymond JamesBoost Price TargetOutperformC$42.00 ➝ C$50.00
8/14/2018DesjardinsBoost Price TargetC$43.00 ➝ C$49.00
8/14/2018Industrial Alliance SecuritiesBoost Price TargetC$43.50 ➝ C$50.00
8/14/2018TD SecuritiesBoost Price TargetHoldC$46.00 ➝ C$48.00
8/13/2018National Bank FinancialBoost Price TargetC$42.50 ➝ C$44.50
8/13/2018Royal Bank of CanadaBoost Price TargetOutperformC$40.00 ➝ C$46.00
7/30/2018Canaccord GenuityBoost Price TargetC$39.00 ➝ C$43.50
6/27/2018TD SecuritiesDowngradeBuy ➝ HoldC$43.00 ➝ C$46.00
5/24/2018BMO Capital MarketsBoost Price TargetC$41.00 ➝ C$44.00
5/10/2018TD SecuritiesBoost Price TargetBuyC$41.00 ➝ C$43.00
5/10/2018CIBCBoost Price TargetC$38.50 ➝ C$40.50
5/10/2018DesjardinsBoost Price TargetC$40.00 ➝ C$43.00
5/10/2018Royal Bank of CanadaBoost Price TargetOutperformC$38.00 ➝ C$40.00
5/10/2018ScotiabankBoost Price TargetSector PerformC$38.50 ➝ C$40.25
5/10/2018Raymond JamesBoost Price TargetOutperformC$39.00 ➝ C$42.00
5/9/2018Canaccord GenuityBoost Price TargetC$37.00 ➝ C$39.00
4/24/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$36.75 ➝ C$38.00
4/4/2018BMO Capital MarketsBoost Price TargetOutperformC$39.00 ➝ C$41.00
3/19/2018ScotiabankBoost Price TargetSector PerformC$37.00 ➝ C$38.50
3/16/2018National Bank FinancialReiterated RatingOutperformC$36.75
3/16/2018CIBCBoost Price TargetC$38.00 ➝ C$38.50
11/13/2017BMO Capital MarketsReiterated RatingOutperformC$35.00 ➝ C$39.00
11/9/2017Raymond JamesBoost Price TargetOutperformC$36.00 ➝ C$39.00
11/8/2017TD SecuritiesBoost Price TargetBuyC$38.00 ➝ C$40.00
11/8/2017ScotiabankBoost Price TargetSector PerformC$36.50 ➝ C$37.00
11/7/2017Royal Bank of CanadaBoost Price TargetOutperformC$35.00 ➝ C$38.00
11/7/2017National Bank FinancialBoost Price TargetOutperformC$36.50 ➝ C$37.00
11/2/2017ScotiabankBoost Price TargetSector PerformC$35.50 ➝ C$36.50
10/31/2017National Bank FinancialBoost Price TargetOutperformC$36.25 ➝ C$36.50
8/17/2017Raymond JamesBoost Price TargetC$35.00 ➝ C$36.00
8/16/2017National Bank FinancialBoost Price TargetOutperformC$35.50 ➝ C$36.25
8/16/2017ScotiabankBoost Price TargetSector PerformC$34.00 ➝ C$35.50
8/16/2017CIBCBoost Price TargetC$35.00 ➝ C$36.00
7/4/2017ScotiabankReiterated RatingSector PerformC$34.00
5/11/2017ScotiabankBoost Price TargetSector PerformC$32.75 ➝ C$34.00
5/11/2017TD SecuritiesBoost Price TargetBuyC$37.00 ➝ C$38.00
5/11/2017Royal Bank of CanadaBoost Price TargetOutperformC$34.00 ➝ C$35.00
3/2/2017Raymond JamesBoost Price TargetOutperformC$32.00 ➝ C$35.00
3/1/2017TD SecuritiesBoost Price TargetBuyC$35.00 ➝ C$36.00
3/1/2017National Bank FinancialBoost Price TargetC$34.00 ➝ C$35.00
3/1/2017Eight CapitalBoost Price TargetC$32.00 ➝ C$33.00
3/1/2017Royal Bank of CanadaBoost Price TargetOutperformC$33.00 ➝ C$34.00
2/28/2017ScotiabankReiterated RatingSector PerformC$32.25
12/23/2016ScotiabankReiterated RatingSector PerformC$32.50
11/9/2016TD SecuritiesReiterated RatingBuyC$36.00
11/9/2016Royal Bank of CanadaReiterated RatingOutperformC$33.00
11/9/2016DesjardinsReiterated RatingHoldC$33.50
11/8/2016ScotiabankReiterated RatingSector PerformC$32.50
10/13/2016BMO Capital MarketsReiterated RatingOutperform
9/19/2016Raymond JamesUpgradeMarket Perform ➝ OutperformC$32.00
8/11/2016TD SecuritiesReiterated RatingBuyC$36.00
8/11/2016BMO Capital MarketsDowngradeOutperform ➝ Market Perform
8/10/2016ScotiabankReiterated RatingSector PerformC$33.00
8/4/2016TD SecuritiesBoost Price TargetBuyC$35.00 ➝ C$36.00
8/4/2016ScotiabankBoost Price TargetSector PerformC$31.50 ➝ C$33.00
7/6/2016Royal Bank of CanadaReiterated RatingOutperformC$33.00
7/4/2016ScotiabankReiterated RatingSector PerformC$31.50
(Data available from 6/18/2016 forward)
Canadian Apartment Properties REIT logo
CAPREIT owns interests in multi-unit residential rental properties, including apartments, townhomes and manufactured home communities (“MHC”) primarily located in and near major urban centres across Canada. As at March 31, 2019, CAPREIT had owning interests in 53,143 residential units, comprised of 45,446 residential suites and 45 MHC, comprising 7,697 land lease sites.
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Today's Range

Now: C$58.80
Low: C$58.31
High: C$59.43

50 Day Range

MA: C$56.23
Low: C$54.64
High: C$58.88

52 Week Range

Now: C$58.80
Low: C$42.22
High: C$59.43

Volume

1,310,313 shs

Average Volume

369,804 shs

Market Capitalization

C$10.13 billion

P/E Ratio

10.66

Dividend Yield

2.34%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Apartment Properties REIT?

The following Wall Street research analysts have issued stock ratings on Canadian Apartment Properties REIT in the last year: BMO Capital Markets, Canaccord Genuity, CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for CAR.UN.

What is the current price target for Canadian Apartment Properties REIT?

9 Wall Street analysts have set twelve-month price targets for Canadian Apartment Properties REIT in the last year. Their average twelve-month price target is C$64.06, suggesting a possible upside of 8.9%. Raymond James has the highest price target set, predicting CAR.UN will reach C$68.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$60.00 for Canadian Apartment Properties REIT in the next year.
View the latest price targets for CAR.UN.

What is the current consensus analyst rating for Canadian Apartment Properties REIT?

Canadian Apartment Properties REIT currently has 3 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CAR.UN will outperform the market and that investors should add to their positions of Canadian Apartment Properties REIT.
View the latest ratings for CAR.UN.

What other companies compete with Canadian Apartment Properties REIT?

How do I contact Canadian Apartment Properties REIT's investor relations team?

Canadian Apartment Properties REIT's physical mailing address is 11 Church St Suite 401, TORONTO, ON M5E 1W1, Canada. The company's listed phone number is +1-416-8619404. The official website for Canadian Apartment Properties REIT is www.caprent.com.