Analyst Price Target is C$20.23
▲ +8.80% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Killam Apartment REIT in the last 3 months. The average price target is C$20.23, with a high forecast of C$22.00 and a low forecast of C$19.00. The average price target represents a 8.80% upside from the last price of C$18.59.
Current Consensus is
Buy
The current consensus among 8 polled investment analysts is to buy stock in Killam Apartment REIT. This rating changed within the last month from a Moderate Buy consensus rating.
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating and developing a $5.4 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.
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