Weekly Research Analysts’ Ratings Updates for Minto Apartment Real Estate Invt Trust (MI.UN)

Several brokerages have updated their recommendations and price targets on shares of Minto Apartment Real Estate Invt Trust (TSE: MI.UN) in the last few weeks:

• 11/14/2024 – Minto Apartment Real Estate Invt Trust had its price target lowered by analysts at BMO Capital Markets from C$18.50 to C$18.00.
• 11/14/2024 – Minto Apartment Real Estate Invt Trust had its price target raised by analysts at Raymond James from C$18.75 to C$19.00.
• 11/14/2024 – Minto Apartment Real Estate Invt Trust had its price target lowered by analysts at CIBC from C$21.00 to C$20.00.
• 11/14/2024 – Minto Apartment Real Estate Invt Trust had its price target lowered by analysts at Scotiabank from C$18.75 to C$17.75.
• 10/28/2024 – Minto Apartment Real Estate Invt Trust had its price target lowered by analysts at BMO Capital Markets from C$19.00 to C$18.50.
• 10/9/2024 – Minto Apartment Real Estate Invt Trust had its price target raised by analysts at National Bankshares, Inc. from C$18.50 to C$18.75.

Minto Apartment Real Estate Invt Trust Price Performance

Shares of TSE MI.UN opened at C$14.40 on Tuesday. Minto Apartment Real Estate Invt Trust has a twelve month low of C$13.69 and a twelve month high of C$17.89. The firm has a fifty day simple moving average of C$15.16 and a 200 day simple moving average of C$15.48. The company has a market capitalization of C$574.85 million, a PE ratio of -16.18 and a beta of 1.23. The company has a quick ratio of 0.04, a current ratio of 1.11 and a debt-to-equity ratio of 101.09.

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton.