Analysts are on the Bearish side about Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) this week.

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Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) Ratings Coverage

Among 5 analysts covering Canadian Apartment (TSE:CAR.UN), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Canadian Apartment had 5 analyst reports since February 27, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 28 by Raymond James. The stock of Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) has “Hold” rating given on Thursday, February 28 by Scotia Capital. GMP Securities maintained Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) rating on Wednesday, February 27. GMP Securities has “Hold” rating and $50.5 target. The firm has “Hold” rating by RBC Capital Markets given on Monday, March 4. The rating was maintained by IBC with “Hold” on Wednesday, February 27. Below is a list of Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) latest ratings and price target changes.

04/03/2019 Broker: RBC Capital Markets Rating: Hold New Target: $53 Maintain
28/02/2019 Broker: Raymond James Rating: Buy New Target: $52 Maintain
27/02/2019 Broker: IBC Rating: Hold New Target: $50 Maintain
28/02/2019 Broker: Scotia Capital Rating: Hold New Target: $51 Maintain
27/02/2019 Broker: GMP Securities Rating: Hold New Target: $50.5 Maintain

The stock increased 1.98% or $0.98 during the last trading session, reaching $50.6. About 486,279 shares traded or 41.11% up from the average. Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) has 0.00% since April 15, 2018 and is . It has underperformed by 4.37% the S&P500.

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Canadian Apartment Properties Real Estate Investment Trust operates as an open-end real estate investment trust. The company has market cap of $7.73 billion. It owns interests in multi-unit residential rental properties, including apartments, townhouses, and land lease adult lifestyle communities located in Canada. It has a 5.99 P/E ratio. As of December 31, 2007, the firm had ownership interests in a portfolio of 27,853 residential suites and 2 Ontario adult lifestyle land lease communities comprising 1,258 sites.

More notable recent Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) news were published by: Reuters.com which released: “Saudi’s PIF invests more than $1 billion in electric carmaker Lucid Motors – Reuters” on September 17, 2018, also Theatlantic.com with their article: “The Shallowness of Google Translate – The Atlantic” published on January 30, 2018, Reuters.com published: “Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival Lucid – sources – Reuters” on August 19, 2018. More interesting news about Canadian Apartment Properties Real Estate Investment Trust (TSE:CAR.UN) were released by: Theglobeandmail.com and their article: “Wednesday’s TSX breakouts: A stock with 8 buy calls that has outperformed the TSX for 6 of the past 7 years – The Globe and Mail” published on February 27, 2019 as well as Seekingalpha.com‘s news article titled: “Introduction To Canadian REITs – Seeking Alpha” with publication date: April 06, 2017.