Artis Actual Property Funding Belief Unit (TSE:AX.UN) Receives Consensus Advice of “Maintain” from Brokerages

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Shares of Artis Actual Property Funding Belief Unit (TSE:AX.UN – Get Score) have been given a mean ranking of “Maintain” by the eight brokerages which might be at the moment protecting the inventory, MarketBeat.com experiences. 5 equities analysis analysts have rated the inventory with a maintain ranking and one has issued a purchase ranking on the corporate. The typical 1-year worth goal amongst brokers which have up to date their protection on the inventory within the final yr is C$13.31.

A number of equities analysts lately commented on the corporate. Nationwide Bankshares boosted their goal worth on Artis Actual Property Funding Belief Unit from C$11.00 to C$11.50 and gave the inventory a “sector carry out” ranking in a analysis report on Monday, August eighth. Scotiabank upped their worth goal on shares of Artis Actual Property Funding Belief Unit from C$14.00 to C$14.50 in a analysis report on Monday, August eighth. BMO Capital Markets lowered shares of Artis Actual Property Funding Belief Unit from an “outperform” ranking to a “maintain” ranking and dropped their goal worth for the corporate from C$14.00 to C$12.00 in a analysis report on Monday, July 4th. Lastly, Royal Financial institution of Canada elevated their worth goal on shares of Artis Actual Property Funding Belief Unit from C$11.50 to C$12.00 and gave the inventory a “sector carry out” ranking in a report on Monday, August eighth.

Insider Transactions at Artis Actual Property Funding Belief Unit

In different Artis Actual Property Funding Belief Unit information, Director Salim Manji bought 6,000 shares of the inventory in a transaction on Monday, August fifteenth. The inventory was acquired at a mean price of C$11.85 per share, with a complete worth of C$71,100.00. Following the completion of the acquisition, the director now straight owns 2,332,525 shares of the corporate’s inventory, valued at roughly C$27,640,421.25. Within the final ninety days, insiders acquired 16,710 shares of firm inventory value $195,660.

Artis Actual Property Funding Belief Unit Inventory Up 2.0 %

Shares of TSE AX.UN opened at C$10.75 on Friday. The corporate has a fast ratio of 0.07, a present ratio of 0.64 and a debt-to-equity ratio of 90.26. The corporate has a market cap of C$1.24 billion and a P/E ratio of 4.32. Artis Actual Property Funding Belief Unit has a 52 week low of C$10.51 and a 52 week excessive of C$13.76. The enterprise has a 50-day easy shifting common of C$11.32 and a two-hundred day easy shifting common of C$12.25.

Artis Actual Property Funding Belief Unit Firm Profile

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Artis is a diversified Canadian actual property funding belief investing in workplace, retail and industrial properties. Since 2004, Artis has executed an aggressive however disciplined development technique, constructing a portfolio of economic properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and choose markets in the USA.

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Analyst Recommendations for Artis Real Estate Investment Trust Unit (TSE:AX.UN)

This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to [email protected]

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