Northview Apartment REIT (TSE:NVU.UN) PT Raised to C$30.25

Northview Apartment REIT (TSE:NVU.UN) had its price target lifted by BMO Capital Markets from C$29.50 to C$30.25 in a research note published on Friday morning, BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. Echelon Wealth Partners reissued an average rating and issued a C$29.00 price objective on shares of Northview Apartment REIT in a research report on Sunday, August 11th. National Bank Financial reissued an outperform rating and issued a C$30.00 price objective on shares of Northview Apartment REIT in a research report on Tuesday, June 11th. Finally, Laurentian dropped their price objective on shares of Northview Apartment REIT from C$28.50 to C$28.00 in a research report on Monday, August 12th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Northview Apartment REIT currently has a consensus rating of Hold and an average target price of C$29.64.

Shares of NVU.UN opened at C$28.40 on Friday. The firm has a market capitalization of $1.61 billion and a PE ratio of 6.34. The company’s 50-day moving average is C$27.31 and its 200-day moving average is C$27.62. Northview Apartment REIT has a fifty-two week low of C$23.93 and a fifty-two week high of C$29.51. The company has a debt-to-equity ratio of 139.85, a current ratio of 0.15 and a quick ratio of 0.06.

About Northview Apartment REIT

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.

Featured Story: What is the downside to momentum investing?

Analyst Recommendations for Northview Apartment REIT (TSE:NVU.UN)

Receive News & Ratings for Northview Apartment REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northview Apartment REIT and related companies with MarketBeat.com's FREE daily email newsletter.