Minto Apartment Real Estate Invt Trust (TSE:MI.UN) Hits New 52-Week Low – Time to Sell?

Posted by Jared Coughlin on Mar 6th, 2025

Minto Apartment Real Estate Invt Trust (TSE:MI.UN – Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$12.63 and last traded at C$12.97, with a volume of 50488 shares changing hands. The stock had previously closed at C$13.56.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MI.UN shares. CIBC reduced their price target on shares of Minto Apartment Real Estate Invt Trust from C$21.00 to C$20.00 in a research note on Thursday, November 14th. Raymond James cut their target price on Minto Apartment Real Estate Invt Trust from C$19.00 to C$17.25 in a research report on Monday, January 13th. BMO Capital Markets dropped their price objective on Minto Apartment Real Estate Invt Trust from C$18.50 to C$18.00 in a research note on Thursday, November 14th. Finally, Scotiabank decreased their target price on Minto Apartment Real Estate Invt Trust from C$18.75 to C$17.75 in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Minto Apartment Real Estate Invt Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.68.

Get Our Latest Stock Report on Minto Apartment Real Estate Invt Trust

Minto Apartment Real Estate Invt Trust Stock Down 3.8 %

The firm’s 50 day moving average is C$13.18 and its two-hundred day moving average is C$14.55. The company has a current ratio of 1.11, a quick ratio of 0.04 and a debt-to-equity ratio of 101.09. The stock has a market cap of C$520.56 million, a price-to-earnings ratio of -14.65 and a beta of 1.23.

Minto Apartment Real Estate Invt Trust Company Profile

(Get Free Report)

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary.