Analysts Say This Community Operator Is a “Buy”

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Logo for Lakeview Estates, one of Killam Properties, shown here under fair use guidelines.

TD Securities reissued their buy rating on shares of Killam Properties Inc (TSE:KMP.UN),” writes Robert Boyd in the Daily Quint.

Killam currently has a C$15.00 price target on the stock.

As RC Williams and others have reported, additional research analysts have also recently issued research reports about the company.

Bullets per Boyd, are as follows:

  • BMO Capital Markets boosted their target price on Killam from C$13.00 to C$13.50 in a research note on Monday, August 8th.
  • Scotiabank reissued a sector perform rating and set a C$13.25 target price on shares of Killam in a research note on Thursday, August 4th.
  • Raymond James Financial Inc. increased their target price on Killam Properties from C$13.25 to C$13.75 and gave the stock an “outperform” rating in a research note on Friday, August 5th.
  • Canaccord Genuity lowered Killam Properties from a “buy” rating to a “hold” rating, but raised their price target from C$13.50 to C$14.00 in a report on Wednesday, July 27th.
  • Royal Bank Of Canada boosted their target on  from C$13.00 to C$14.00 in a report on Monday, August 8th.
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1 Year stock trend, per Bloomberg.

A pair of analysts have rated the stock a “hold” rating, while five have given a “buy” rating to Killam.

The firm’s stock has an average rating of Buy and consensus price target of C$13.97.

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For RC William’s prior report on Killam, please click here.

Publishing Notice: with the markets closed today for New Year’s day federal holiday, the next complete market report will be Tuesday, January 2, 2016. ##

(Image credits are as shown above.)

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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.

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