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Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

Alternate Symbol(s):  CDPYF

Canadian Apartment Properties Real Estate Investment Trust is a Canada-based provider of rental housing. The Company owns and manages interests in multiunit residential rental properties, including apartments, townhomes and manufactured home communities (MHC), principally located in and near urban centers across Canada. The Company owns approximately 64,200 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.7 billion of investment properties in Canada and Europe. The Company’s objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; grow FFO per unit, sustainable distributions and NAV per unit by actively managing its properties; invest capital within the property portfolio and adopt edge technologies and solutions; and maintain financial management.


TSX:CAR.UN - Post by User

Post by Possibleidiot01on Feb 26, 2024 4:02pm
190 Views
Post# 35899958

Analysts

Analysts
  • Canadian Apartment Properties REIT (TSE:CAR.UN) had its price target raised by analysts at National Bank. from C$55.50 to C$60.00. They now have an "outperform" rating on the stock. This represents a 22.3% upside from the current price of C$49.04.
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  • Canadian Apartment Properties REIT (TSE:CAR.UN) had its price target raised by analysts at BMO Capital Markets from C$52.00 to C$57.00. They now have an "outperform" rating on the stock. This represents a 16.2% upside from the current price of C$49.04.
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  • Canadian Apartment Properties REIT (TSE:CAR.UN) had its price target raised by analysts at TD Securities from C$61.00 to C$62.00. They now have an "action list buy" rating on the stock. This represents a 26.4% upside from the current price of C$49.04.
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  • Canadian Apartment Properties REIT (TSE:CAR.UN) had its price target raised by analysts at CIBC from C$50.00 to C$55.00. They now have a "neutral" rating on the stock. This represents a 12.2% upside from the current price of C$49.04.

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