Highlights

  • Canaccord Genuity lowered Minto Apartment REIT from "buy" to "hold" with a C$18.00 target.
  • Multiple analysts revised target prices, ranging from C$16.50 to C$18.00 this week.
  • MarketBeat reports an average rating of "Hold" with a consensus target of C$17.06.

Minto Apartment Real Estate Investment Trust (TSE:MI.UN) saw its rating adjusted by Canaccord Genuity Group, moving from "buy" to "hold," according to a report released Tuesday, BayStreet.CA notes. The research firm set a target price of C$18.00, up from the previous C$15.50.

Other analysts have also updated their outlooks on the stock. TD Securities lowered its price objective from C$17.00 to C$16.50 while maintaining a "buy" rating on December 12th. CIBC adjusted its rating from "outperform" to "neutral," raising the target from C$17.00 to C$18.00. Raymond James Financial increased its price target from C$14.25 to C$18.00 and assigned a "market perform" rating. National Bankshares lifted its target from C$15.00 to C$18.00 with a "sector perform" rating, while Scotiabank also raised its target from C$14.75 to C$18.00 with a "sector perform" designation.

In total, two analysts currently rate Minto Apartment REIT as "Buy," while six assign a "Hold" rating. MarketBeat data shows an average rating of "Hold" and a consensus target price of C$17.06.

Minto Apartment REIT is an unincorporated, open-ended real estate investment trust established under Ontario law. The trust owns and operates income-producing multi-residential properties in major Canadian urban markets, including Toronto, Montreal, Ottawa, Calgary, and Vancouver. Its portfolio focuses on rental properties in high-demand areas, aiming to provide consistent rental income from its urban holdings.

MI.UN closed at CAD 17.42 on January 06, 2026.