CIBC Believes Nthview Apartment REIT (TSX: NVU.UN) Won’t Stop Here

By Ryan Adsit

On December 8, an analyst has provided a rating update for the Financial sector company, Nthview Apartment REIT (TSX: NVU.UN). Analyst Dean Wilkinson from CIBC rated Nthview Apartment REIT (TSX: NVU.UN) a Buy on on December 8, setting a C$27 price target.

Wilkinson has an average return of 21.0% when recommending Nthview Apartment REIT.

According to TipRanks.com, Wilkinson is ranked #474 out of 4722 analysts.

Nthview Apartment REIT has an analyst consensus of Moderate Buy, with a price target consensus of C$25.75.

Nthview Apartment REIT’s market cap is currently C$1.27B and has a P/E ratio of 7.5.

Northview Apartment Real Estate Investment Trust engages as an open-end real estate investment trust that invests in a portfolio of residential income-producing properties. Its portfolio consists of multi-family residential property including apartments, townhomes, single family rental units, execusuites, and hotels.

The company’s shares closed on Friday at C$25.36, close to its 52-week high of C$25.65.