Core Viewpoint - Allied Properties Real Estate Investment Trust's stock experienced a significant decline of 17.2% following a downgrade in price target by Desjardins from C$18.00 to C$15.50, with a current sell rating on the stock [2] Group 1: Stock Performance and Analyst Ratings - The stock traded as low as C$15.11 and last traded at C$15.26, with a trading volume of approximately 5,780,953 shares, an increase of 808% from the average daily volume of 636,667 shares [2] - TD Securities downgraded the stock from a "buy" to a "hold" rating and reduced the target price from C$20.00 to C$16.00 [3] - Canaccord Genuity Group lowered their target price from C$22.00 to C$18.00 while maintaining a "buy" rating [3] - Raymond James Financial decreased their target price from C$18.75 to C$14.75 [3] - Royal Bank Of Canada reduced their target price from C$18.00 to C$16.00 [3] - National Bankshares downgraded the stock from "sector perform" to "underperform" and increased their target price from C$16.00 to C$17.00 [3] - The average rating for the stock is "Reduce" with a consensus target price of C$16.72 [3] Group 2: Financial Metrics - The company has a debt-to-equity ratio of 71.71, a current ratio of 0.45, and a quick ratio of 0.12 [4][5] - The market capitalization of Allied Properties Real Estate Investment Trust is C$2.07 billion [4][5] - The price-to-earnings ratio stands at -3.60, and the beta is 1.50 [4][5] - The 50-day moving average price is C$19.48, while the 200-day moving average price is C$17.62 [4][5] Group 3: Company Overview - Allied Properties Real Estate Investment Trust is engaged in the development, management, and ownership of primarily urban office environments across major Canadian cities, with a significant portion of its portfolio located in Toronto and Montreal [6]