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consensus of "Hold" has been reached among the six analysts covering Allied Properties Real Estate Investment Trust (TSE:AP.UN), according to Marketbeat Ratings. This collective assessment is based on five hold recommendations and one buy recommendation from investment analysts. The average 1-year price target among these brokerages stands at C$19.59.

    Recent analyst updates have seen Raymond James lower its target price for Allied Properties Real Estate Investment Trust shares from C$20.00 to C$19.00, while National Bankshares cut its price target from C$20.00 to C$19.50 and assigned a "sector perform" rating. Royal Bank of Canada raised its target price from C$18.00 to C$19.00 with a "sector perform" rating, and Scotiabank decreased its price objective from C$22.00 to C$21.75 while maintaining an "outperform" rating. Desjardins reduced its target price from C$21.00 to C$20.00 and assigned a hold rating.

    Allied Properties Real Estate Investment Trust shares traded down 1.0% on Monday, reaching C$17.01 with a trading volume of 182,025 shares, compared to its average volume of 543,178. The company's debt-to-equity ratio stands at 71.71, and it has a quick ratio of 0.12 and a current ratio of 0.45.

    Allied Properties Real Estate Investment Trust is a leading owner-operator of distinctive urban workspace in Canada's major cities, with a mission to provide knowledge-based organizations with sustainable and conducive workspaces that promote human wellness, creativity, connectivity, and diversity.