TSX:APR.UN Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, TSX:APR.UN stock has a consensus rating of "Buy" and an average price target of $13.00. The average 1-year stock price forecast is 7.26% higher than the current stock price, while the lowest is $12.50 (+3.14%) and the highest is $13.75 (+13.45%).

Price Target: $13.00 (+7.26%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$12.50	$13.00	$13.00	$13.75
Change	+3.14%	+7.26%	+7.26%	+13.45%

* Price targets were last updated on May 20, 2026.

Analyst Ratings

The average analyst rating for TSX:APR.UN stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	3	3	3	4	4	4
Hold	5	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tom Callaghan BMO Capital	BMO Capital	Hold Reiterates $12.50	Hold	Reiterates	$12.50	+3.14%	May 20, 2026
Jonathan Kelcher TD Cowen	TD Cowen	Hold Maintains $12.50 → $13.00	Hold	Maintains	$12.50 → $13.00	+7.26%	May 15, 2026
Jimmy Shan RBC Capital	RBC Capital	Buy Reiterates $13.00	Buy	Reiterates	$13.00	+7.26%	May 15, 2026
Himanshu Gupta CFA Scotiabank	Scotiabank	Hold Maintains $12.50 → $13.00	Hold	Maintains	$12.50 → $13.00	+7.26%	Mar 10, 2026
Tal Woolley CIBC	CIBC	Buy Reiterates $12.50	Buy	Reiterates	$12.50	+3.14%	Mar 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

119.40M

from 101.84M

17.25%

from 101.84M

Revenue Next Year

123.28M

from 119.40M

3.25%

from 119.40M

EPS This Year

1.25

from 0.86

44.89%

from 0.86

EPS Next Year

1.12

from 1.25

-10.40%

from 1.25

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	78.22M	82.86M	92.48M	93.88M	101.84M	119.40M
Revenue Growth	4.12%	5.94%	11.61%	1.51%	8.48%	17.25%
EPS	-	-	-	-	0.86	1.25
EPS Growth	-	-	-	-	-39.81%	44.89%
Dividend / Share	0.80	0.80	0.80	0.80	0.81	0.82
Dividend Growth	-	-	-	-	0.93%	1.54%
Free Cash Flow	20.68M	72.72M	28.37M	39.97M	24.94M	-16.00M
FFO	46.53M	46.75M	48.01M	47.88M	52.63M	61.72M
FFO / Share	0.94	0.94	0.96	0.95	1.02	1.08
P/FFO	11.00	10.21	8.93	10.30	10.49	11.19
No. Analysts	-	-	-	-	-	5

EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027
High	121.0M
Avg	119.4M
Low	116.8M

Revenue Growth

Revenue Growth	2026	2027
High	18.8%
Avg	17.3%
Low	14.7%

EPS Forecast

EPS	2026	2027
High	-
Avg	1.25
Low	-

EPS Growth

EPS Growth	2026	2027
High	-
Avg	44.9%
Low	-