On May 2, 2025, Scotiabank's analyst Mario Saric announced an adjustment in the price target for Allied Properties REIT (AP/UN, Financial). The new price target is set at CAD 19.00, down from the previous target of CAD 20.50. This change represents a 7.32% decrease from the prior target.
Despite the lower price target, the rating for Allied Properties REIT (AP/UN, Financial) remains unchanged at "Sector Outperform," as per the latest report from Scotiabank. The "Sector Outperform" rating suggests that the stock is expected to perform better than the average company in its sector.
This update from Scotiabank reflects their current outlook on Allied Properties REIT (AP/UN, Financial), as they continue to track the company's performance and market trends. Investors and stakeholders of Allied Properties REIT (AP/UN) may find this information crucial for their investment strategies.