BMO Capital Believes Killam Apartment REIT Un (KMP.UN) Still Has Room to Grow – beragampengetahuan Financial Blog – Beragampengetahuan

In a new note to investors yesterday, an analyst has provided a rating update for Killam Apartment REIT Un (KMP.UN – Research Report). The NA company, Killam Apartment REIT Un (TSX: KMP.UN) has just received a rating update from a Wall Street analyst.

According to beragampengetahuan.com, Markidis is a 5-star analyst with an average return of 13.8% and a 73.6% success rate. Markidis covers the NA sector, focusing on stocks such as Flagship Communities REIT Investment Trust, NorthWest Healthcare Properties REIT, and Nexus Real Estate Investment.

Currently, the analyst consensus on Killam Apartment REIT Un is a Strong Buy with an average price target of C$22.71, a 23.9% upside from current levels. In a report issued on August 10, Canaccord Genuity also maintained a Buy rating on the stock with a C$22.00 price target.

Killam Apartment REIT Un’s market cap is currently C$2.17B and has a P/E ratio of 11.65.

Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHC). It has three main operating segments, Apartment segment, MHC segment, and Other segments. Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and Other segment includes more than five properties.

The company’s shares closed last Friday at C$18.43, close to its 52-week high of C$19.12.