Analysts Say This Community Operator Is a “Buy”

Logo for Lakeview Estates, one of Killam Properties, shown here under fair use guidelines.

TD Securities reissued their buy rating on shares of Killam Properties Inc (TSE:KMP.UN),” writes Robert Boyd in the Daily Quint.

Killam currently has a C$15.00 price target on the stock.

As RC Williams and others have reported, additional research analysts have also recently issued research reports about the company.

Bullets per Boyd, are as follows:

  • BMO Capital Markets boosted their target price on Killam from C$13.00 to C$13.50 in a research note on Monday, August 8th.
  • Scotiabank reissued a sector perform rating and set a C$13.25 target price on shares of Killam in a research note on Thursday, August 4th.
  • Raymond James Financial Inc. increased their target price on Killam Properties from C$13.25 to C$13.75 and gave the stock an “outperform” rating in a research note on Friday, August 5th.
  • Canaccord Genuity lowered Killam Properties from a “buy” rating to a “hold” rating, but raised their price target from C$13.50 to C$14.00 in a report on Wednesday, July 27th.
  • Royal Bank Of Canada boosted their target on  from C$13.00 to C$14.00 in a report on Monday, August 8th.
1 Year stock trend, per Bloomberg.

A pair of analysts have rated the stock a “hold” rating, while five have given a “buy” rating to Killam.

The firm’s stock has an average rating of Buy and consensus price target of C$13.97.

Image collage by the Daily Business News, each logo belongs to their respective company and is provied here under fair use guidelines.

For RC William’s prior report on Killam, please click here.

Publishing Notice: with the markets closed today for New Year’s day federal holiday, the next complete market report will be Tuesday, January 2, 2016. ##

(Image credits are as shown above.)

Soheyla Kovach.

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.

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