Analyst Price Target is C$57.10
▲ +34.92% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Canadian Apartment Properties REIT in the last 3 months. The average price target is C$57.10, with a high forecast of C$62.00 and a low forecast of C$53.50. The average price target represents a 34.92% upside from the last price of C$42.32.
Current Consensus is
Moderate Buy
The current consensus among 12 investment analysts is to moderate buy stock in Canadian Apartment Properties REIT. This Moderate Buy consensus rating has held steady for over two years.
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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