A number of analysts have recently weighed in on KMP shares. Analysts at Canaccord Genuity raised their prices target on shares of Killam Properties from C$11.00 to C$11.50 and gave the company a hold rating in a research note on Thursday.
On a related note, analysts at Scotiabank set a C$11.75 price target on shares of Killam Properties and gave the company a sector perform rating in a research note on Wednesday.
Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of hold and a consensus price target of C$11.95.
Killam Properties (TSE:KMP) traded down 0.99% on Friday, hitting $11.05. 58,974 shares of the company’s stock traded hands. KMP has a 52-week low of $9.99 and a 52-week high of $11.24. The stock’s 50-day moving average is $10.85 and its 200-day moving average is $10.59. The company has a market cap of $613.9 million and a price-to-earnings ratio of 17.71.
Killam Properties, Inc. is one of Canada’s largest residential landlords, owning and operating 13,057 apartment units and 5,164 manufactured home community (MHC) sites in Atlantic Canada and Ontario. Starting with its first acquisition in 2002, Killam has built an established portfolio of 204 quality properties and a strong operating platform. ##
(Graphic Credit: Killam Properties)
Article submitted by Sandra Lane to – Daily Business News – MHProNews.
