Killam Apartment REIT (KMP.UN) PT Raised to C$15.50

Killam Apartment REIT (TSE:KMP.UN) had its price objective boosted by TD Securities from C$14.50 to C$15.50 in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 13.64% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Desjardins reissued a “buy” rating and set a C$14.50 price target on shares of Killam Apartment REIT in a research report on Tuesday. Canaccord Genuity cut shares of Killam Apartment REIT from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Finally, National Bank Financial lifted their price target on shares of Killam Apartment REIT from C$13.75 to C$14.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of C$14.25.

Killam Apartment REIT (TSE KMP.UN) opened at C$13.64 on Thursday. Killam Apartment REIT has a 52-week low of C$11.57 and a 52-week high of C$14.10.

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Killam Apartment REIT Company Profile

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

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