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

  • Consensus Rating: Buy
  • Consensus Price Target: C$57.40
  • Forecasted Upside: 33.24%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$43.08 As of 10/3/2023 11:37 AM ET
▼ -1.18 (-2.67%)

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

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Analyst Price Target for CAR.UN

Analyst Price Target is C$57.40
▲ +33.24% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Canadian Apartment Properties REIT in the last 3 months. The average price target is C$57.40, with a high forecast of C$62.00 and a low forecast of C$54.00. The average price target represents a 33.24% upside from the last price of C$43.08.

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

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Current Consensus is Buy

The current consensus among 7 contributing investment analysts is to buy stock in Canadian Apartment Properties REIT. This Buy 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
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/11/2022
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/10/2022
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/8/2022
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/6/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/6/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/3/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/3/2023

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/21/2023CormarkBoost TargetBuyC$55.00 ➝ C$56.00
8/8/2023DesjardinsLower TargetBuyC$59.00 ➝ C$58.00
8/8/2023Royal Bank of CanadaBoost TargetOutperformC$60.00 ➝ C$61.00
8/8/2023Raymond JamesLower TargetOutperformC$61.00 ➝ C$59.50
7/18/2023National BanksharesLower TargetC$59.00 ➝ C$58.00
7/17/2023Raymond JamesDowngradeStrong-Buy ➝ OutperformC$60.00 ➝ C$61.00
7/5/2023TD SecuritiesLower TargetC$63.00 ➝ C$62.00
5/16/2023TD SecuritiesBoost TargetAction List BuyC$61.00 ➝ C$63.00
5/16/2023Canaccord Genuity GroupBoost TargetC$54.50 ➝ C$55.50
5/16/2023CIBCBoost TargetC$53.00 ➝ C$55.00
5/16/2023Royal Bank of CanadaBoost TargetOutperformC$59.00 ➝ C$60.00
4/18/2023National BanksharesBoost TargetC$56.00 ➝ C$59.00
2/27/2023BMO Capital MarketsBoost TargetC$50.00 ➝ C$54.00
2/24/2023CIBCBoost TargetNeutralC$50.00 ➝ C$53.00
2/24/2023ScotiabankBoost TargetC$54.50 ➝ C$55.00
2/24/2023Raymond JamesBoost TargetStrong-BuyC$58.00 ➝ C$60.00
2/24/2023National BanksharesBoost TargetOutperformC$55.00 ➝ C$56.00
2/24/2023Royal Bank of CanadaBoost TargetOutperformC$58.00 ➝ C$59.00
2/24/2023TD SecuritiesBoost TargetAction List BuyC$57.00 ➝ C$61.00
1/30/2023National BanksharesBoost TargetOutperformC$50.00 ➝ C$55.00
1/27/2023Canaccord Genuity GroupBoost TargetC$51.00 ➝ C$53.00
11/14/2022Raymond JamesLower TargetStrong-BuyC$59.50 ➝ C$56.00
11/10/2022Royal Bank of CanadaLower TargetOutperformC$62.00 ➝ C$58.00
11/10/2022CIBCLower TargetNeutralC$54.00 ➝ C$50.00
11/10/2022National BanksharesLower TargetOutperformC$52.00 ➝ C$50.00
11/2/2022ScotiabankLower TargetC$59.25 ➝ C$54.50
10/20/2022TD SecuritiesLower TargetAction List BuyC$60.00 ➝ C$57.00
10/3/2022Raymond JamesLower TargetStrong-BuyC$61.00 ➝ C$59.50
8/17/2022Raymond JamesLower TargetStrong-BuyC$66.00 ➝ C$61.00
8/15/2022ScotiabankLower TargetC$63.00 ➝ C$59.25
8/12/2022National BanksharesBoost TargetOutperformC$50.00 ➝ C$52.00
8/12/2022TD SecuritiesBoost TargetAction List BuyC$58.00 ➝ C$60.00
8/12/2022CIBCLower TargetNeutralC$55.00 ➝ C$54.00
7/20/2022National BanksharesLower TargetOutperformC$62.25 ➝ C$50.00
6/27/2022CIBCLower TargetC$60.00 ➝ C$55.00
5/18/2022Royal Bank of CanadaLower TargetOutperformC$69.00 ➝ C$66.00
5/18/2022TD SecuritiesLower TargetAction List BuyC$70.00 ➝ C$66.00
5/18/2022Raymond JamesLower TargetStrong-BuyC$70.00 ➝ C$66.00
5/18/2022CIBCLower TargetNeutralC$63.00 ➝ C$60.00
5/18/2022ScotiabankLower TargetC$64.50 ➝ C$63.00
5/17/2022Raymond JamesSet TargetStrong-BuyC$70.00
4/8/2022ScotiabankUpgradeSector Perform ➝ Outperform
3/15/2022TD SecuritiesUpgradeBuy ➝ Action List BuyC$70.00
2/25/2022CIBCLower TargetNeutralC$67.00 ➝ C$63.00
2/25/2022TD SecuritiesLower TargetBuyC$72.00 ➝ C$70.00
2/25/2022Raymond JamesLower TargetStrong-BuyC$70.50 ➝ C$70.00
2/24/2022Raymond JamesSet TargetStrong-BuyC$70.50
11/15/2021Raymond JamesSet TargetStrong-BuyC$70.50
11/15/2021BMO Capital MarketsBoost TargetC$68.50 ➝ C$69.50
11/12/2021ScotiabankBoost TargetC$63.50 ➝ C$65.00
11/12/2021Royal Bank of CanadaBoost TargetOutperformC$68.00 ➝ C$69.00
11/12/2021CIBCBoost TargetNeutralC$65.00 ➝ C$67.00
10/20/2021National BanksharesBoost TargetC$68.50 ➝ C$70.50
10/1/2021TD SecuritiesBoost TargetNAC$70.00 ➝ C$72.00
9/29/2021Veritas Investment ResearchUpgradeSell ➝ Buy
8/17/2021BMO Capital MarketsBoost TargetNAC$62.00 ➝ C$68.50
8/16/2021Raymond JamesBoost TargetStrong-BuyC$68.00 ➝ C$70.50
8/16/2021Royal Bank of CanadaBoost TargetOutperformC$65.00 ➝ C$68.00
8/16/2021ScotiabankBoost TargetC$61.00 ➝ C$63.50
8/16/2021CIBCBoost TargetNeutralC$65.00
8/13/2021TD SecuritiesDowngradeAction List Buy ➝ BuyC$70.00
7/19/2021National BanksharesBoost TargetC$65.50 ➝ C$68.50
7/19/2021National Bank FinancialBoost TargetNAC$68.50
6/28/2021TD SecuritiesBoost TargetAction List BuyC$67.00 ➝ C$70.00
6/17/2021Raymond JamesBoost TargetStrong-BuyC$67.00 ➝ C$68.00
5/18/2021ScotiabankBoost TargetC$57.50 ➝ C$61.00
5/17/2021National Bank FinancialBoost TargetOutperformC$65.00 ➝ C$65.50
5/17/2021Raymond JamesBoost TargetStrong-BuyC$61.00 ➝ C$67.00
5/17/2021National BanksharesBoost TargetOutperformC$65.00 ➝ C$65.50
5/17/2021CIBCBoost TargetC$56.00 ➝ C$60.00
5/17/2021TD SecuritiesBoost TargetAction List BuyC$63.00 ➝ C$67.00
5/17/2021BMO Capital MarketsBoost TargetC$59.00 ➝ C$62.00
5/17/2021Royal Bank of CanadaBoost TargetOutperformC$64.00 ➝ C$65.00
5/14/2021Raymond JamesBoost TargetStrong-BuyC$61.00 ➝ C$67.00
3/1/2021Royal Bank of CanadaBoost TargetOutperformC$59.00 ➝ C$64.00
2/26/2021CIBCBoost TargetC$52.00 ➝ C$56.00
2/26/2021National Bank FinancialBoost 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 TargetC$56.25 ➝ C$57.50
11/11/2020CIBCLower TargetC$54.00 ➝ C$52.00
11/11/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$57.00 ➝ C$59.00
11/11/2020TD SecuritiesBoost TargetAction List BuyC$59.00 ➝ C$60.00
11/11/2020National Bank FinancialBoost TargetOutperformC$59.00 ➝ C$60.00
11/10/2020Raymond JamesSet TargetOutperformC$55.50
9/24/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$59.00
8/31/2020ScotiabankLower TargetC$56.75 ➝ C$56.25
5/27/2020BMO Capital MarketsLower TargetC$63.00 ➝ C$57.50
5/21/2020Raymond JamesSet TargetOutperformC$55.50
5/20/2020Royal Bank of CanadaBoost TargetSector PerformC$54.00 ➝ C$57.00
5/20/2020ScotiabankBoost TargetC$56.60 ➝ C$57.50
5/20/2020CIBCLower TargetC$54.50 ➝ C$54.00
5/20/2020National Bank FinancialBoost TargetOutperformC$58.00 ➝ C$59.00
5/19/2020TD SecuritiesBoost TargetBuyC$57.00 ➝ C$59.00
5/4/2020ScotiabankLower TargetC$60.00 ➝ C$56.50
4/14/2020National Bank FinancialLower TargetOutperformC$65.00 ➝ C$58.00
4/9/2020Royal Bank of CanadaLower TargetSector PerformC$61.00 ➝ C$54.00
3/30/2020CIBCLower TargetC$60.00 ➝ C$54.50
3/18/2020Raymond JamesLower TargetOutperformC$60.00 ➝ C$55.50
2/28/2020TD SecuritiesBoost TargetBuyC$63.00 ➝ C$66.00
2/28/2020Raymond JamesSet TargetOutperformC$60.00
2/28/2020CIBCBoost TargetC$56.00 ➝ C$60.00
2/28/2020Royal Bank of CanadaBoost TargetSector PerformC$58.00 ➝ C$61.00
1/27/2020National Bank FinancialBoost TargetOutperformC$63.00 ➝ C$65.00
12/9/2019National Bank FinancialSet TargetOutperformC$63.00
11/18/2019Royal Bank of CanadaBoost TargetSector PerformC$55.00 ➝ C$58.00
11/15/2019CIBCBoost TargetC$53.00 ➝ C$55.00
11/15/2019Raymond JamesReiterated RatingOutperformC$58.00
11/15/2019TD SecuritiesBoost TargetBuyC$61.00 ➝ C$63.00
10/16/2019National Bank FinancialBoost TargetOutperformC$57.00 ➝ C$61.50
8/19/2019BMO Capital MarketsBoost TargetC$55.00 ➝ C$57.00
8/19/2019Royal Bank of CanadaBoost TargetSector PerformC$54.00 ➝ C$55.00
8/15/2019CIBCBoost 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 TargetBuyC$57.00 ➝ C$58.00
6/3/2019BMO Capital MarketsBoost TargetOutperformC$50.00 ➝ C$55.00
5/16/2019Raymond JamesReiterated RatingOutperformC$52.00
5/16/2019CIBCBoost TargetC$50.00 ➝ C$52.00
5/16/2019Royal Bank of CanadaBoost TargetSector PerformC$53.00 ➝ C$54.00
5/16/2019National Bank FinancialBoost TargetC$51.00 ➝ C$52.00
4/23/2019National Bank FinancialSet TargetSector PerformC$51.00
4/2/2019National Bank FinancialReiterated RatingSector PerformC$50.00
3/5/2019Royal Bank of CanadaBoost TargetSector PerformC$50.00 ➝ C$53.00
2/28/2019Raymond JamesReiterated RatingOutperformC$52.00
2/28/2019TD SecuritiesBoost TargetBuyC$52.00 ➝ C$54.00
2/28/2019CIBCBoost TargetC$49.00 ➝ C$50.00
2/12/2019National Bank FinancialBoost TargetSector PerformC$47.00 ➝ C$50.00
1/7/2019National Bank FinancialSet TargetSector PerformC$47.00
1/7/2019CIBCReiterated RatingNeutralC$49.00
1/7/2019TD SecuritiesUpgradeHold ➝ BuyC$51.00 ➝ C$52.00
12/12/2018National Bank FinancialReiterated RatingSector PerformC$47.00
11/9/2018National Bank FinancialBoost TargetSector PerformC$46.00 ➝ C$47.00
11/8/2018Raymond JamesBoost TargetOutperformC$50.00 ➝ C$52.00
11/8/2018Royal Bank of CanadaBoost TargetSector PerformC$49.00 ➝ C$50.00
11/8/2018TD SecuritiesBoost TargetAverage ➝ HoldC$48.00 ➝ C$51.00
11/1/2018National Bank FinancialBoost TargetC$45.00 ➝ C$46.00
(Data available from 10/3/2018 forward)

News Sentiment Rating

0.74 (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
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 1 very positive mentions
  • 2 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

Very Positive

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.
Read More

Today's Range

Now: C$43.08
Low: C$43.02
High: C$43.83

50 Day Range

MA: C$48.83
Low: C$44.26
High: C$52.62

52 Week Range

Now: C$43.08
Low: C$39.08
High: C$52.98

Volume

66,688 shs

Average Volume

335,383 shs

Market Capitalization

C$7.21 billion

P/E Ratio

49.52

Dividend Yield

3.22%

Beta

1.05

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 Group Inc., CIBC, Cormark, Desjardins, 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?

10 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$57.40, suggesting a possible upside of 29.7%. TD Securities has the highest price target set, predicting CAR.UN will reach C$62.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$54.00 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 1 hold rating, 5 buy ratings and 1 strong buy rating 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?

Other companies that are similar to Canadian Apartment Properties REIT include Boardwalk REIT, Northview Apartment REIT, Killam Apartment REIT, FirstService and Colliers International Group. Learn More about companies similar to 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. Learn More about contacing Canadian Apartment Properties REIT investor relations.