Analyst Price Target is C$22.55
▲ +33.51% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Killam Apartment REIT in the last 3 months. The average price target is C$22.55, with a high forecast of C$24.00 and a low forecast of C$20.50. The average price target represents a 33.51% upside from the last price of C$16.89.
Current Consensus is
Moderate Buy
The current consensus among 9 polled investment analysts is to moderate buy stock in Killam Apartment REIT. This rating has held steady since October 2023, when it changed from a Buy consensus rating.
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $2.8 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.
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