Pointing to a potential upside of $13.09 from the current price, equities researchers at Scotiabank have given Killam Properties (TSE :KMP) a target price of C$11.75 ($8.93 USD) in a research report issued to clients and investors on Wed., Nov. 4, according to dakotafinancialnews.

Other analysts have been issuing reports on Killam. TD Securities lowered their target price on the stock from C$12.00 to C$11.50 and put a “hold” rating on the company. RBC Company issued an “outperform” rating on Killam with a target of $12.00. Raymond James upgraded shares of Killam from an “outperform” rating to a “strong-buy” rating. Killam Properties closed at $10.49 on Wed., Nov. 4, as MHProNews documented in its daily MH-related stock report.

Killam has a one-year low of $9.21 and a one-year high of 11.24, with a market capitalization of $648.32 million and a P/E ratio of 22.85. The fifty-day moving average is $10.18 and the 200-day moving average is $10.27. Assets total approximately $1.5 billion.

In addition to multifamily apartments, Killam owns 35 manufactured home communities in Atlantic Canada and Ontario. ##

(Image credit: Killam Properties)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.