Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Thursday's analyst upgrades and downgrades Add to ...

Subscribers Only

Inside the Market’s roundup of some of today’s key analyst actions

The recent decline in the unit price for Canadian Apartment Properties Real Estate Investment Trust (CAR.UN-T) presents an attractive entry point for investors, according to BMO Nesbitt Burns analyst Heather Kirk.

Noting CAP REIT’s stock has declined 13 per cent in the last three months in comparison to a 4.29-per-cent drop for the S&P/TSX Capped REIT Index, she upgraded her rating for it to “outperform” from “market perform.”

Report Typo/Error

Follow on Twitter: @daveleeder

 

More Related to this Story

Topics

Next story

loading

In the know

The Globe Recommends

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular