Allied Properties Real Estate Investment Trust is navigating a tough market and will soon discuss its financial results.
Allied Properties Real Estate Investment Trust (AP-UN.TO) has had a mixed week, with a slight decline of 0.10%. The stock closed at C$10.23, showing a modest one-day increase of 0.39%. As the company prepares to announce its second-quarter financial results, investor sentiment remains cautious amid a volatile real estate sector.
Investor takeaway: Keep an eye on Allied Properties' upcoming conference call. Insights into its financial performance and market strategies could influence future stock movements.
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Allied Properties Real Estate Investment Trust
AP-UN.TO
AP-UN.TO
Allied Properties Real Estate Investment Trust
WealthAwesomeMarket cap
$1.73B
Div. yield
13.13%
Div. / share
$1.17
52W high
$20.83
52W low
$8.48
1W change
-3.70%
Beta
1.09
Analyst Price Targets
Based on analyst covering AP-UN
Wall Street analysts forecast AP-UN stock price to rise 13.2% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$10.03
+13.2% Upside
Current Price
C$8.86
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AP-UN's historical volatility
30-Day Vol
31.4%
Annualized
90-Day Vol
25.3%
Annualized
Trend (90d)
-42.4%
Annualized drift
90d Mean
C$7.62
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$8.42 | C$7.56 โ C$9.39 |
| 60 trading days | C$8.01 | C$6.87 โ C$9.34 |
| 90 trading days | C$7.62 | C$6.31 โ C$9.19 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Market Cap of C$2.13 Billion with Significant Year-to-Date Decline
Allied Properties has faced a notable decline of 25.60% year-to-date, reflecting broader challenges in the real estate sector.
Bull case
If Allied Properties can show improved financial metrics in its upcoming earnings call, it may restore investor confidence and attract new buyers at current price levels.
Bear case
Ongoing profitability challenges and a high negative profit margin could deter investors, especially if the earnings report falls short of market expectations.
Recent Price Action
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This week, Allied Properties Real Estate Investment Trust (AP-UN.TO) closed at C$10.23, reflecting a 0.39% increase on the last trading day. However, the stock has seen a slight decline of 0.10% over the past week, while still showing a modest gain of 2.09% over the last month. Year-to-date, the stock has dropped significantly by 25.60%, indicating ongoing challenges in the real estate sector.
Company News and Catalysts
Allied Properties has announced its upcoming conference call to discuss second-quarter financial results. Investors are eagerly awaiting this call, as it may provide crucial insights into the company's financial health and strategic direction. The importance of this event for stakeholders has been emphasized in multiple announcements.
Technical Picture
From a technical standpoint, Allied Properties is currently trading above its 50-day moving average of C$9.97, which is a positive sign, showing a 2.6% increase compared to the current price. However, it is trading significantly below its 200-day moving average of C$12.43, reflecting a 17.7% decrease. The stock's 52-week range is C$8.53 to C$20.96, indicating it is currently at 14% of that range. With a beta of 1.09, the stock has slightly higher volatility compared to the market.
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