A number of research firms have changed their ratings and price targets to Killam Apartments REIT (TSE: KMP.UN):

• 05/06/2022 – Killam Apartment REIT has had its price target lowered by CIBC analysts from CA$26.00 to CA$25.00. They now have an “outperform” rating on the title.
• 5/6/2022 – Killam Apartment REIT has had its price target lowered by Royal Bank of Canada analysts from CA$25.50 to CA$24.00. They now have an “outperform” rating on the title.
• 05/06/2022 – Killam Apartment REIT has had its price target lowered by TD Securities analysts from CA$26.00 to CA$25.00. They now have a “buy” rating on the stock.
• 5/6/2022 – Killam Apartment REIT has had its price target lowered by BMO Capital Markets analysts from CA$26.00 to CA$24.00.
• 5/6/2022 – Killam Apartment REIT has had its price target lowered by analysts at Canaccord Genuity Group Inc. from CA$25.50 to CA$23.50.
• 5/6/2022 – Killam Apartment REIT has had its price target lowered by Scotiabank analysts from CA$24.75 to CA$23.75.
• 5/5/2022 – Killam Apartment REIT has been given a new price target of CA$27.00 by analysts at Raymond James. They now have an “outperform” rating on the title.
• 04/27/2022 – Killam Apartment REIT has had its price target lowered by analysts at National Bankshares, Inc. from CA$27.00 to CA$25.00.

KMP.UN traded at C$0.11 during Monday’s trading, reaching C$18.90. 30,010 shares of the company were traded, against an average volume of 261,506. The company has a market capitalization of C$2.19 billion and a P/E ratio of 7.32. The company has a debt ratio of 97.76, a quick ratio of 0.02 and a current ratio of 0.06. Killam Apartment REIT has a 12-month low of CA$17.85 and a 12-month high of CA$24.15. The company has a fifty-day simple moving average of C$20.82 and a 200-day simple moving average of C$21.88.

The company also recently declared a monthly dividend, which was paid on Friday, April 15. Investors of record on Friday, April 15 received a dividend of $0.0583. This represents an annualized dividend of $0.70 and a yield of 3.70%. The ex-dividend date was Wednesday, March 30. Killam Apartment REIT’s dividend payout ratio is currently 26.79%.

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of the largest residential landlords in Canada. It owns, operates, manages and develops a $2.8 billion portfolio of apartments and manufactured homes. Killam’s strategy to improve value and profitability focuses on three priorities: 1) increase profits from existing operations, 2) expand the portfolio and diversify geographically through accretive acquisitions, with an emphasis on new properties, and 3) develop high quality properties in its core. markets.

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