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.
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.
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.