The Killam Apartment REIT (KMP.UN) Rating Reiterated by CIBC

The Killam Apartment REIT (KMP.UN) Rating Reiterated by CIBC

A number of other equities analysts have also recently commented on KMP.UN. Scotiabank reaffirmed a speculative buy rating and set a C$13.25 price objective on shares of Killam Apartment REIT in a research report on Tuesday, April 25th. Raymond James Financial, Inc. reaffirmed an outperform rating and set a C$13.25 price objective on shares of Killam Apartment REIT in a research report on Tuesday, March 14th. Eight Capital reduced their price objective on shares of Killam Apartment REIT from C$13.50 to C$13.25 in a research report on Tuesday, March 14th. TD Securities reissued a buy rating and set a C$14.50 target price on shares of Killam Apartment REIT in a report on Tuesday, March 14th. Finally, BMO Capital Markets lifted their target price on Killam Apartment REIT from C$13.50 to C$13.75 in a report on Tuesday, February 21st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of C$13.66.

CIBC restated their outperform rating on shares of Killam Apartment REIT (TSE:KMP.UN) in a report published on Monday, May 15th, StockTargetPrices.com reports. They currently have a C$13.75 target price on the stock.

The company also recently declared a monthly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, June 15th will be issued a dividend of $0.0517 per share. This represents a $0.62 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend is Monday, May 29th.

Killam Apartment REIT Company Profile Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:KMP.UN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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