▲ +10.54% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Killam Apartment REIT in the last 3 months. The average price target is C$21.31, with a high forecast of C$22.50 and a low forecast of C$21.00. The average price target represents a 10.54% upside from the last price of C$19.28.
The current consensus among 4 contributing investment analysts is to buy stock in Killam Apartment REIT. This Buy consensus rating has held steady for over two years.
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $2.8 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, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.