Analyst Price Target is C$23.00
▲ +32.03% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Killam Apartment REIT in the last 3 months. The average price target is C$23.00, with a high forecast of C$24.00 and a low forecast of C$21.50. The average price target represents a 32.03% upside from the last price of C$17.42.
Current Consensus is
Strong Buy
The current consensus among 2 polled investment analysts is to buy (strong buy) stock in Killam Apartment REIT. This rating changed within the last month 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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